Auction - Mar 3-5 | Baymont / Super 8 4685 NE 14th St 75 Room Hotel Des Moines, IA 50313 $1,074,491 CAD ($14,327 CAD/Room)

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2924
Starting Bid: $775,000
Auction Event: March 3-5, 2026
Originally constructed in 1968 and renovated in 2014, the Baymont by Wyndham Des Moines is a 75-room, midscale hotel occupying one acre just minutes from Des Moines’ premier entertainment and retail hubs. The Hotels feature several highly desirable amenities, including a business center, swimming pool, fitness center, meeting event space, and a restaurant. The Super 8 by Wyndham Des Moines was built in 2006 and is a 64-room, economy hotel situated on two acres, adjacent to the Baymont by Wyndham Des Moines. In addition to a business center, guests have access to several amenities, including on-site laundry facilities and a swimming pool. Thanks to its readily accessible location near several major throughfares, tourism drivers, and employment hubs, the Hotels represent an appealing opportunity to acquire two stabilized, branded hospitality assets positioned in a thriving, highly diverse Midwest market.
The Properties’ strategic location places it near Des Moines’ most significant tourism, entertainment, and employment drivers, reinforcing its appeal to both leisure and business travelers. The Hotels are just minutes from the Iowa State Fairgrounds, home to the iconic Iowa State Fair, which attracts over 1.2 million visitors and generates over 81,000 hotel room nights each year. The Property is less than a 10-minute drive from Casey’s Center, a 16,980-seat multi-purpose stadium and one of the city’s premier entertainment venues. In addition to hosting major concerts and serving as the home to multiple minor league sports teams, the venue regularly hosts NCAA Division I sports Championships, including men’s basketball, women’s volleyball, and wrestling. Other year-round tourism draws located near the Property include the Greater Des Moines Convention Center, Adventureland Park, Prairie Meadows Racetrack & Casino, and Downtown Des Moines. The Hotels are less than five minutes from MercyOne Des Moines Medical Center, a 650-bed acute care facility and the largest employer in the state. Other major employers nearby include Principal Financial Group, Wells Fargo, Hy-Vee, and Nationwide. The Property also benefits from proximity to Drake University and Grand View University.
Located in central Iowa along the Des Moines and Raccoon Rivers, Des Moines is the state’s capital and largest metropolitan area, serving as one of the Midwest’s most stable and economically diverse markets. With a metropolitan population of approximately 750,000 residents, Des Moines is one of the fastest-growing major metros in the Midwest. The city functions as Iowa’s primary center for government, finance, insurance, and commerce. The city enjoys direct connectivity to major regional markets, including Minneapolis–St. Paul, Kansas City, Omaha, and Chicago, thanks to its strategic position at the intersection of Interstates 35 and 80. In addition to serving as a key hub for logistics, distribution, and corporate operations, Des Moines is home to a nationally recognized insurance and financial services sector. Major financial employers include Wells Fargo, Principal Financial Group, and Nationwide Insurance. Additionally, employment in Des Moines is anchored by companies like Unity Point Health, Amazon, and John Deere representing the healthcare, manufacturing, logistics, and agricultural sectors.