4685 14Th StDes Moines, IA 50313

Property Details for 4685 14Th St

Year built

2000

Construction

STEEL FRAME

Lot size

4.00 AC

Property size (Sq ft)

40,104 SF

Zone code

HI

Property type

Hospitality properties

Property subtype

Hotels

APN

270/01343-106-002

APU

27001343106002

Description

This dual-branded Baymont & Super 8 hotel in Des Moines, Iowa presents a compelling investment opportunity. The property, located at 4685 NE 14th St, boasts 73,897 square feet across two stories, situated on a 2-acre lot (APN 270-01343106002). Built in 1969 and renovated in 2014, the hotel features 139 keys. The asking price is $4,800,000, representing a price per square foot of $64.96. The property's current performance is below market potential, offering a significant opportunity for an owner-operator to increase revenue through strategic rate management. Its prime location, just 11 miles from Des Moines International Airport and near major city attractions, coupled with its proximity to Interstates 35 and 80, ensures high visibility and accessibility. This represents a chance to acquire a well-located hotel in a thriving market with significant upside potential. The property's recent price reduction of $450,000 makes this an even more attractive investment. The absentee ownership structure further highlights the potential for improved operational efficiency and profitability. This is an exceptional opportunity for an investor seeking a value-add hotel investment in a strong Des Moines location. The property is located in Polk County, Iowa, zip code 50313.

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.6455

Longitude

-93.5994

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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