This totally renovated Super 8 is located off I-35 & I-80, on a major intersection of Des Moines. The property is underperforming and needs on-site, hands on ownership. A very nice opportunity for an experienced hotelier to get into the strong Des Moines market for less than $27,000/room!
$100,000 Price Reduction
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 $27,000/room. Please call or email for details!