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Red Roof Inn Des Moines 5020 NE 14th St

57 Room Hotel Des Moines, IA 50313 £2,772,364 (£48,638/Room)

Executive Summary

**Red Roof Inn Des Moines** is a prime investment opportunity with a fantastic location at **5020 NE 14TH ST, DES MOINES IA 50313-2016**. Built in 2007, this property features 62 rooms spread across a 24,604 SF building on a spacious 1.06-acre lot. The lush green surroundings and modern two-story construction provide an inviting atmosphere for guests. Offered at $3,499,000, this investment boasts a competitive price per key of $56,435, making it an attractive option. With a variety of nearby attractions and a population of over 155,000 within a 5-mile radius, the location offers a strong foundation for hospitality business success. Don't miss out on this exceptional chance to own a well-maintained property in a thriving area. Contact us today to learn more about **Red Roof Inn Des Moines** and secure your investment in this vibrant community.

Property Facts

Price £2,772,364
Price Per Room £48,638
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.06 AC
Building Size 24,004 SF
No. Rooms 57
Number of Floors 2
Year Built/Renovated 1959/2017
Tenancy Single
Parking Ratio 2.17/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 57 £65.76 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
270-01273000000
Land Assessment
£202,044
Improvements Assessment
£812,139
Total Assessment
£1,014,183

zoning

Zoning Code LB
LB
  • Listing ID: 33883814

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 5020 NE 14th St, Des Moines, IA 50313

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