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Ramada by Wyndham Des Moines Tropics Resort 5000 Merle Hay Rd 166 Room Hotel Des Moines, IA 50322 $4,500,000 ($27,108/Room)
Executive Summary
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:
The Ramada by Wyndham Urbandale Tropics Resort & Conference Center is ideally located along Merle Hay Road with prime access to Interstates 80 and 35. The property features a full-service hospitality offering with extensive meeting and event space, on-site dining, a fitness center, and the popular indoor tropical-themed water park. Positioned near key demand drivers, including the Johnston and Urbandale business districts, Merle Hay Mall, Drake University, and Downtown Des Moines, the property serves a diverse mix of business, leisure, and group travelers.
The Ramada by Wyndham Urbandale Tropics Resort & Conference Center is ideally located along Merle Hay Road with prime access to Interstates 80 and 35. The property features a full-service hospitality offering with extensive meeting and event space, on-site dining, a fitness center, and the popular indoor tropical-themed water park. Positioned near key demand drivers, including the Johnston and Urbandale business districts, Merle Hay Mall, Drake University, and Downtown Des Moines, the property serves a diverse mix of business, leisure, and group travelers.
Property Facts
| Price | $4,500,000 | Building Size | 137,340 SF |
| Price Per Room | $27,108 | No. Rooms | 166 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2009 |
| Property Subtype | Hotel | Parking Ratio | 0.73/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 9.85 AC | ||
| Zoning | C-H | ||
| Price | $4,500,000 |
| Price Per Room | $27,108 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.85 AC |
| Building Size | 137,340 SF |
| No. Rooms | 166 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2009 |
| Parking Ratio | 0.73/1,000 SF |
| Corridor | Interior |
| Zoning | C-H |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 18 | $262.00 | - |
| Guest Room | 148 | $119.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 312/00001-076-004 | Improvements Assessment | $4,110,000 |
| Land Assessment | $3,320,000 | Total Assessment | $7,430,000 |
Property Taxes
Parcel Number
312/00001-076-004
Land Assessment
$3,320,000
Improvements Assessment
$4,110,000
Total Assessment
$7,430,000
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Ramada by Wyndham Des Moines Tropics Resort | 5000 Merle Hay Rd
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