Leisure Real Estate Blog

New Hotel Opportunity at the Des Moines, IA Airport

Friday, October 11 2013 10:00 AM
Categorized In Real Estate

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Leisure Real Estate Advisors, LLC announces it has been retained as the exclusive marketing agent for the 128 key Days Inn & Suites located at the Des Moines, IA Airport.

“This Days Inn & Suites, located at the Des Moines Airport, carries all of the attributes of a quality hospitality investment,” says Dave Jones, Senior Investment Advisor for Leisure Real Estate Advisors.   “That is, a strong and growing market, superior cash flow and increasing revenue.  The property also is under performing its compset.”

The hotel, formerly a part of an independent Iowa chain, became a Days Inn & Suites in December 2010 and was totally renovated in 2011.  The owners have invested over $1M in capital improvements.  The hotel features 32” LCD TV’s, microwaves and mini fridges in all guestrooms, an indoor pool, fitness room and meeting room.

Des Moines, the capital of Iowa, is a growing city with many demand generators.  Southridge Mall, Blank Park Zoo, the State Capital & Civic Center are call close by.  Also, annual events such as the Iowa State Fair, World Pork Expo & Iowa State Wrestling Championships draw a huge amount of traffic to the area.

View the Full Executive Summary

Leisure Real Estate Advisors, LLC is based in metro Kansas City, with branch offices in Lincoln, NE and Jefferson City, MO, and has a specialty concentration in the marketing and sales of hotels.  Over its 15 year existence, the company has become one of the premier brokerage firms in the country and boasts collective closing volume of over 1 billion dollars.

For more information on this investment opportunity or to discuss the investment market in general, please direct your questions to:

Dave Jones

Senior Investment Advisor

Leisure Real Estate Advisors

Email

913-499-4725

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New Hotel Opportunity in Central Iowa

Friday, October 11 2013 9:32 AM
Categorized In Real Estate

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Leisure Real Estate Advisors, LLC announces it has been retained as the exclusive marketing agent for the 49 key Super 8 located in Toledo, IA.

“Super 8 is an excellent flag for mid-market investors,” says Dave Jones, Senior Investment Advisor with Leisure Real Estate Advisors.  ”The Super 8 in Toledo represents a solid opportunity to purchase a well established property with a solid NOI in central Iowa.  The hotel is located directly on Iowa Highway 30, which is a heavily traveled state highway.”

The hotel features a total of 49 rooms, including whirlpool suites and an oversized guestroom with a full kitchen.  All of the rooms have a mini-fridge and microwave, as well as NEW digital PTAC units and beds.  The breakfast area was also remodeled in 2012.

Toledo, IA is somewhat of a well kept secret.  It features a strong business climate with a number of companies, including Meskwaki Casino, Pioneer Hi-Bred Agriculture, Tama Paperboard and 3 assisted healthcare facilities.  Toledo is the county seat of Tama County, providing steady government business.  There also is a state juvenile home in the area.

This property would be ideal for an owner/operator, offering strong cash flow, ease of operation and a quality of life community.

View the Full Executive Summary

Leisure Real Estate Advisors, LLC is based in metro Kansas City, with branch offices in Lincoln, NE and Jefferson City, MO, and has a specialty concentration in the marketing and sales of hotels.  Over its 15 year existence, the company has become one of the premier brokerage firms in the country and boasts collective closing volume of over 1 billion dollars.

For more information on this investment opportunity or to discuss the investment market in general, please direct your questions to:

Dave Jones

Senior Investment Advisor     

Leisure Real Estate Advisors    

Email                                                                                                                         

913-499-4725

 

 

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