Super 8 Urbandale (Des Moines)

Iowa, United States

$1700000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Economy
Brand: Super 8
Corridor: Interior
No. of Keys: 60
Site Size: 1.459 AC

This 60 key, recently renovated, Super 8 is located in Urbandale (Des Moines), off heavily traveled I-35 & I-80.  The location provides easy access to downtown Des Moines, as well as those travelers coming to the area to visit Adventureland Resort, Living History Farms (a 500-acre interactive outdoor history museum), Prairie Meadows Casino & Racetrack, the State Capital and the Outlets of Des Moines.  Annual events that bring in significant traffic to area include the following:

Iowa State Fair
World Pork Expo
Iowa State Wrestling Championships
Iowa Speedway (Indy race care track) - Newton, IA
Knoxville Raceway (Sprint car race track) - Knoxville, IA
Tulip Festival - Pella, IA

The property was totally renovated in 2018 - 2019.  Being 60 keys, it is ideal for an onsite owner, or for placing an onsite partner.  The owner is absentee and the operations are in need of onsite management.  High employee turnover and a lack of marketing and revenue management provides a buyer with a solid opportunity to increase revenue, in a major hospitality market.

Des Moines area hotels do not come on the market often, especially one that is recently renovated and priced to sell at less than $29,000 per room.  Please call or email for details!

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Economy
Brand: Super 8
Corridor: Interior
Keys: 60
Building Status: Existing
No. of buildings: 1
Stories: 2
Site size: 1.459 AC
Parking Type: Surface
Parking Spaces: 70
Construction Type: Wood Frame
Year Build: 1987
Year Renovated: 2019
Common area amenities:

Business Center

High Speed Internet

Breakfast Area

Indoor Pool

Source of Business:

Group

Transient

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Iowa
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

Dave Jones

Principal
Leisure Real Estate Advisors, LLC

KS #00230692
MO #2009021658
IA #S61110000

913 499 4725
djones@leisurerealestate.com


JOIN HOTEL BROKERS INTERNATIONAL

HBI Hotels

Brokers

Becoming a member of Hotel Brokers International will provide opportunities to further your brokerage career.

Learn More
HBI Hotels

Affiliate Membership

Hotel Brokers International’s affiliate program positions hospitality service providers in the center of the largest, most comprehensive brokerage network in the industry.

Learn More
HBI Hotels

CHB

The industry’s only certification in hotel brokerage, designed to distinguish those who have advanced their professionalism and competence in hotel brokerage.

Learn More