1050 6th Ave - Hospitality FOR SALE
Des Moines, IA 50314 |
1050 6th Ave
Des Moines, IA 50314
HIGHLIGHTS
- 251 Rooms | 12 Stories | Des Moines Downtown Hotel
- Unencumbered By Management | IHG 15 year Franchise
- Sub $45k Per Key | Sub 3x Room Revenue | T12 Aug 2023 Total Revenue $4,911,363
- Downtown Demand | Mercy Medical Center | Drake University | State Capitol
- Contact Broker: Jake Erickson @ Jake.erickson@marcusmillichap.com (952) 852 9721
- Q1 2024 Transaction Target
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Des Moines DTWN
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
146074
STORIES
12
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1971
PARKING SPACES
244
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
030-05196000000
