5020 NE 14th St - Hospitality FOR SALE


Des Moines, IA 50313
$3,710,000 USD
515-707-3636
5020 NE 14th St, Des Moines, IA for Sale
$3,710,000 USD
Hospitality - FOR SALE
1/59
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5020 NE 14th St
Des Moines, IA 50313


OVERVIEW

Well-maintained two-story Red Roof Inn featuring 57 guest rooms with a mix of king suites, queen rooms, and double-bed rooms, all with private bathrooms. The property offers dual interior and exterior room access, providing convenience for both guests and operations. Amenities include a welcoming lobby with check-in area, dedicated breakfast area, private restroom, and a security room equipped with webcam monitoring. The hotel sits on a spacious lot with 52 on-site parking spaces, supporting strong guest capacity and ease of access. An efficient layout, varied room mix, essential guest amenities and updated in 2019 make this property a solid opportunity for hospitality investors or operators.

FOR SALE DETAILS

PRICE

$3,710,000 USD

PRICE/SF

$155 USD /SF

# OF ROOMS

57

PRICE/ROOM

$65,088 {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

GC

APN/PARCEL ID

270-01273000000

ASK ABOUT THIS PROPERTY

Matt FischerJunior IbarraMore Info
515-707-3636

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Matt FischerJunior IbarraMore Info
515-707-3636

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