5020 NE 14th St - Hospitality FOR SALE


Des Moines, IA 50313
$3,499,000 USD
714-353-8917
5020 NE 14th St, Des Moines, IA for Sale
$3,499,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

5020 NE 14th St
Des Moines, IA 50313


OVERVIEW

**Red Roof Inn Des Moines** is a prime investment opportunity with a fantastic location at **5020 NE 14TH ST, DES MOINES IA 50313-2016**. Built in 2007, this property features 62 rooms spread across a 24,604 SF building on a spacious 1.06-acre lot. The lush green surroundings and modern two-story construction provide an inviting atmosphere for guests. Offered at $3,499,000, this investment boasts a competitive price per key of $56,435, making it an attractive option. With a variety of nearby attractions and a population of over 155,000 within a 5-mile radius, the location offers a strong foundation for hospitality business success. Don't miss out on this exceptional chance to own a well-maintained property in a thriving area. Contact us today to learn more about **Red Roof Inn Des Moines** and secure your investment in this vibrant community.

FOR SALE DETAILS

PRICE

$3,499,000 USD

PRICE/SF

$146 USD /SF

# OF ROOMS

57

PRICE/ROOM

$61,386 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Des Moines

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

LB

APN/PARCEL ID

270-01273000000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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