SOLD!!

Executive Summary

This Days Inn & Suites, located at the Des Moines Airport, carries all of the attributes of a quality hospitality investment. That is, a strong location, superior cash flow and growing revenue.  Also, this property received the 2015 Certificate of Excellence Award from TripAdvisor.com!

The hotel, formerly part of an independent Iowa chain, became a Days Inn & Suites in December 2010.  The owners have invested over $1M in capital improvements, including totally remodeled common areas.  All guestrooms received new carpet in the 4th Quarter of 2013 and 50% of the rooms have new Case Goods.  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.

If you are looking for a solid brand in a growing market with excellent cash flow, you should take a look at this offering.  Please call or email for a CA today!

Property Details

Address
1901 Hackley Ave. S, Des Moines, IA 50315
Price
$5,800,000 
Rooms
128 
Price Per Key
$45,312 
Property Type
Limited Service 
Revenue
Call or email for CA-NC 
Website
 

Hotel Description

  • Airport location w/shuttle service
  • 2015 TripAdvisor Certificate of Excellence recipient
  • NEW Carpet in all guestrooms
  • NEW Case Goods in 64 guestrooms
  • 3 floors with 2 Elevators
  • Indoor Pool
  • Fitness Room
  • Meeting Room
  • 32” LCD TV’s
  • All rooms w/Microwaves and Mini Fridges
  • Whirlpool Suites
  • Guest Laundry

Contact a Broker

Dave Jones Headshot

Dave Jones

KS
Phone: 913-499-4725