Description:

Baymont Inn & Suites and Super 8 by Wyndham, Des Moines IA, being offered for sale. The 2 story, interior corridor hotels have undergone extensive renovation in 2020 and 2021 of approximately $1.8M. Right off I-35/I-80 junction and Hwy 69. Total of 138 rooms with 74 rooms in Baymont and 64 rooms in Super 8 each with a manager apartment. Baymont has a 9,500 SF restaurant, currently closed, that can be leased for additional revenue. Franchise agreements expire 2037. Interior and exterior swimming pools. Small PIP for buyer estimated at 150k. With consistent business and growing demand this property is ready for new owner to continue growth. Existing lender ready to finance. Industrial warehouses and business park under construction across from the hotels. Fast growing economy in metro Des Moines, one of the fastest growing metros in the MidWest. Great opportunity !
Great opportunity
Renovated 2019-2021
Growing Economy

Presented by:

Adriana  West

Managing Director

(678) 534-2718

(678) 907-7034

Click here to email

Property Flyer

Listed by:

Tallahassee