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Baymont by Wyndham 5015 Ridgeway Dr

45 Room Hotel Harlan, IA 51537 £1,822,360 (£40,497/Room) 11% Net Initial Yield

Executive Summary

Located southeast of the Highway 59/Highway 44 intersection Area neighbors include Bomgaars, Hy-Vee, The Buck Snort Restaurant, Farm Credit Services of America, Harlan Dental, Burger King, Pizza Hut.

Attachments

Baymont Harlan IA 2024

Property Facts Under Contract

Price £1,822,360 Lot Size 2.17 AC
Price Per Room £40,497 Building Size 25,296 SF
Sale Type Investment No. Rooms 45
Net Initial Yield 11% Number of Floors 2
Property Type Hospitality Year Built 2008
Property Subtype Hotel Parking Ratio 1.11/1,000 SF
Building Class C Corridor Interior
Price £1,822,360
Price Per Room £40,497
Sale Type Investment
Net Initial Yield 11%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.17 AC
Building Size 25,296 SF
No. Rooms 45
Number of Floors 2
Year Built 2008
Parking Ratio 1.11/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 £72.10 -
Guest Room 30 £64.18 -
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PROPERTY TAXES

Parcel Number 833325000292 Improvements Assessment £1,083,904
Land Assessment £118,850 Total Assessment £1,202,753

PROPERTY TAXES

Parcel Number
833325000292
Land Assessment
£118,850
Improvements Assessment
£1,083,904
Total Assessment
£1,202,753

zoning

Zoning Code C
C
(605) 444-7117

Contact

  • Listing ID: 33201955

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 5015 Ridgeway Dr, Harlan, IA 51537

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© 2024 CoStar Group

Baymont by Wyndham | 5015 Ridgeway Dr
(605) 444-7117 x

Baymont by Wyndham | 5015 Ridgeway Dr

Dale Zomer

(605) 444-7117

(605) 444-7117

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