Hospitality Business for Sale in Des Moines, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Des Moines, IA 50313

Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2924 As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the portfolio, including the Baymont by Wyndham Des Moines North located at 4685 NE 14th St, and the Super 8 by Wyndham Des Moines located at 4685A NE 14th St (‘Hotels’ or ‘Properties’) in Des Moines, Iowa. The Wyndham-branded portfolio is being auctioned February 16-18, 2026 on RealInsight. Please contact the listing agent for more information. 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 th

Market Context

This hospitality in Des Moines, IA is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. It has been on the market for 52 days. Compare it against other hospitality listings for sale in Des Moines, IA — <a href="/search/sale/hospitality/iowa/des-moines">view the full market</a>.

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