5000 Merle Hay Rd - Hospitality FOR SALE


Des Moines, IA 50322- Outer West Des Moines/Urbandale
$4,500,000 USD
515-778-2605
5000 Merle Hay Rd, Des Moines, IA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

5000 Merle Hay Rd
Des Moines, IA 50322
Outer West Des Moines/Urbandale


OVERVIEW

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: The Ramada by Wyndham Urbandale Tropics Resort & Conference Center is ideally located along Merle Hay Road with prime access to Interstates 80 and 35. The property features a full-service hospitality offering with extensive meeting and event space, on-site dining, a fitness center, and the popular indoor tropical-themed water park. Positioned near key demand drivers, including the Johnston and Urbandale business districts, Merle Hay Mall, Drake University, and Downtown Des Moines, the property serves a diverse mix of business, leisure, and group travelers.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$33 USD /SF

# OF ROOMS

166

PRICE/ROOM

$27,108 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Des Moines Tropics Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

365

LAND DETAILS

LAND ACRES

9.85 AC

LAND SF

429,066 SF

ZONING

C-H

APN/PARCEL ID

312/00001-076-004

ASK ABOUT THIS PROPERTY

John ViggersCushman & Wakefield | Iowa Commercial AdvisorsMore Info
515-778-2605

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John ViggersCushman & Wakefield | Iowa Commercial AdvisorsMore Info
515-778-2605

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