Office Space For Lease @ 4685 Northeast 14th St

Baymont Inn & Suites and Super 8 by Wyndham in Des Moines IA, being offered for sale at $5,900,000, $43,703/key. The 2 story, interior corridor hotels have undergone extensive renovation of approximately $1.7M. Consistent high occupancy, ready for new owner to continue growth. Right off I-35/I-80 junction and Hwy 69. Baymont has 74 rooms, Super 8 has 64 rooms, total of rentable 138 rooms. There are 2 manager apartments. The sale includes 9,500 SF restaurant, currently closed, located in Baymont Inn property, can be leased for additional revenue. Franchise agreements expire 2037. Interior and exterior swimming pools. Small PIP for buyer estimated at 130-150k. Existing lender ready to finance. Great opportunity ! 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. This space offers accomodations for: economy.