3040 5th Ave S - Hospitality FOR SALE


Fort Dodge, IA 50501
$1,960,000 USD
562-412-0799
3040 5th Ave S, Fort Dodge, IA for Sale
$1,960,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate

3040 5th Ave S
Fort Dodge, IA 50501


HIGHLIGHTS

  • 67 Units, 2 Story Interior Corridors
  • $652,823 - 2025 Revenue. $671,677 - Trailing Twelve Revenue
  • 3.27x Room Revenue Multiplier
  • $32,761 Price Per Key
  • Upside - 85.2% RevPar Index
  • 90 minutes to Des Moines

OVERVIEW

FOR SALE BY OWNER : Are you a Serious Buyer ?We want to sell ,We can also offer a Best Western 90 miles away, if you want to buy 2 Properties. BROKERS WELCOME, The Days Inn Fort Dodge, a 67-unit, two-story interior corridor asset offered at a compelling 3.0 room revenue multiple. Strategically positioned in a resilient regional hub, the property serves as a vital lodging provider for the area's massive industrial and bioscience corridor. Demand is anchored by the year-round activity of global powerhouses such as Cargill and CJ Bio America, which generate consistent, "sticky" room nights from specialized contractors and logistics personnel. This industrial floor is further bolstered by proximity to Iowa Central Community College and the Harlan Rogers Sports Complex, driving significant seasonal and weekend capture from academic visitors and youth sports tournaments. The property’s efficiency as a two-story, interior corridor building offers a low-overhead operational model for a hands-on owner-operator. Beyond its primary corporate anchors, the asset benefits from its location near Fort Frenzy and the Gypsum City OHV Park, providing a unique hedge against weekend vacancies by attracting regional leisure travelers. The Days Inn Fort Dodge represents a great opportunity to acquire a well-positioned asset with room for growth based on the STR report.

FOR SALE DETAILS

PRICE

$1,960,000 USD

PRICE/SF

$65 USD /SF

# OF ROOMS

67

PRICE/ROOM

$29,254 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Fort Dodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

89,995 SF

ZONING

C

APN/PARCEL ID

07-21-451-019

ASK ABOUT THIS PROPERTY

Mike RajaPioneer Realty & FinanceMore Info
562-412-0799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mike RajaPioneer Realty & FinanceMore Info
562-412-0799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.