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Property profile & analytics
FOR SALE
Hotels
5020 NE 14Th St Des Moines, IA 50313
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US25-0237795
For Sale
1 / 56
$2,800,000
5020 NE 14Th St, Des Moines, IA 50313
View Listing →
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2007
Construction
FRAME
Total area
24,604 SF
Lot
1.06 ac (46,043 SF)
Zoning code
GC
APN
270/01273-000-000
UPID
US25-0237795
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Red Roof Inn Des Moines Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$820k
Owner & transaction history
Sai Ram INC · 8 yrs held
Sai Ram INC
since 2017
1 recorded transaction
Zoning & alternative use
GC · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$820k
Range $738k – $902k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$35,392
Tax year 2020
Assessed value
$1,280,000
Assessed 2023
Previous assessed
$1,280,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$255,000
Assessed improvement
$1,025,000
Land market value
$255,000
Improvement market value
$1,025,000
Total market value
$1,280,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
2007
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
2
Units
62
Rooms
5
Bathrooms
1
Total area
24,604 SF
Lot
1.06 ac (46,043 SF)
Zoning code
GC
APN
270/01273-000-000
UPID
US25-0237795
Jurisdiction
POLK
Zoning & alternative use
GC · Des Moines, IA
Zoning GC · permitted uses
GC · Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Des Moines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Units
62
Rooms
5
Bathrooms
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Sai Ram INC
Entity
Mailing address
5020 NE 14TH ST, DES MOINES, IA 50313-2016
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2017
—
Sai Ram INC
—
Trustees Deed
related
$1,438,000 · Bankunited Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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