5020 14th St Des Moines, IA 50313-2016
- Hotels
- 24,604 SF
- 1.06 lot acres
Current Use by Public Records
- Red Roof Inn Des Moines / Hotel / Extended Stay Hotel
Property Details for 5020 14th St
- Year built
- 2007
- Construction
- FRAME
- Lot size
- 1.06 lot acres
- Property size
- 24,604 SF
- Zone code
- GC
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 270/01273-000-000
- APU
- 27001273000000
Description
This 62-key Red Roof Inn in Des Moines, Iowa presents a compelling investment opportunity. Built in 2007, the hotel boasts 24,604 square feet of space situated on a 1.06-acre lot (46,174 sq ft). Located at 5020 NE 14th St, Des Moines, IA 50313, this two-story property benefits from a strong location within a thriving area, with a population exceeding 155,000 within a 5-mile radius. The asking price is $3,499,000, translating to an attractive price per key of $56,435. The property's modern design and lush surroundings create an inviting atmosphere for guests. This well-maintained hotel offers a solid foundation for continued success in the hospitality sector, making it an ideal acquisition for discerning investors seeking a profitable venture in a dynamic market. The property's size and location provide significant potential for growth and return on investment. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6012
- Latitude
- 41.6518
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
