Investment Opportunity: Quality Inn in Des Moines, IA

by Reco Real Estate Advisors

4950 NE 14th St #52, Des Moines, IA 50313

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QUALITY INN & SUITES | DES MOINES, IOWA

Real estate investors looking for a unique opportunity in the thriving Des Moines market should consider the Quality Inn at 4950 NE 14th St, #52. This well-maintained 52-key hotel is conveniently located off I-80, making it an ideal choice for both business and leisure travelers. With a listing price of 0 and a fee-simple interest offered at a discount to replacement cost, this property presents a compelling investment opportunity.

Opened in 2000, the Quality Inn has undergone ongoing capital improvements to ensure that it remains in excellent condition. The three-story property features an interior corridor layout with elevator access to all floors, providing added security and convenience for guests. Modern amenities include a fitness center, free Wi-Fi, and complimentary breakfast, making it an attractive choice for travelers visiting Des Moines.

One of the key advantages of this property is its strategic location. As the first highway exit into Des Moines, the Quality Inn benefits from maximum visibility and accessibility, which is an attractive feature for both business and leisure travelers. Proximity to the central business district and various cultural, recreational, and entertainment venues further enhances the hotel's appeal.

In addition, the thriving local economy in Des Moines is driven by top companies such as Wells Fargo, Fidelity & Guaranty Life, and Wellmark Blue Cross Blue Shield. This has contributed to strong RevPAR growth in the Des Moines CBD/North hotel submarket, which has experienced an impressive 25.1% increase. The Quality Inn is well-positioned to benefit from this growth and presents an exciting opportunity for investors.

The property's unencumbered management also presents opportunities to improve market RevPAR penetration and increase NOI. With a fee-simple interest offered at a discount to replacement cost, investors can take advantage of this unique investment opportunity in a growing market.

In conclusion, the Quality Inn at 4950 NE 14th St, #52 presents a compelling investment opportunity for real estate investors looking for a well-maintained hotel in a thriving market. Its strategic location, modern amenities, and proximity to top companies and cultural attractions make it an attractive choice for both business and leisure travelers. With the property's unencumbered management and a fee-simple interest offered at a discount to replacement cost, investors can take advantage of this unique opportunity to invest in the growing Des Moines market.