1325 Dickinson Ave | Ames, IA 50014
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1325 Dickinson Ave
Ames, IA 50014
Lender Owned Hilton Garden Inn Ames · Hospitality Property For Sale · 72,460 SF
Investment Highlights
- Fee simple interest in the receiver-managed, lender-owned 112-rooms Hilton Garden Inn Ames, IA will be sold in the April 3-5 auction event on Ten-X.
- Strong operational upside for new ownership with a property under receiver management since February 2021 and REO since September 2021.
- Minimal change of ownership PIP anticipated with $2.4MM ($21k+/key) of property renovations completed in recent years.
- Upscale select-service Hilton asset in the Big 12 university market offered at a substantial discount to replacement cost.
- Available unencumbered of management with the ability to retain the Hilton Garden Inn brand through a new relicense agreement with Hilton.
- Conveniently situated just southwest of Iowa State University at Highway 30 exit 144 with upwards of 21,000 vehicles passing the location daily.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 72,460 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2008 |
| Building Class | B | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 3.08 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.08 AC |
| Building Size | 72,460 SF |
| No. Stories | 3 |
| Year Built | 2008 |
| Parking Ratio | 1.28/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
PROPERTY TAXES
| Parcel Number | 09-07-471-030 | Improvements Assessment | $6,854,400 |
| Land Assessment | $1,465,500 | Total Assessment | $8,319,900 |
PROPERTY TAXES
Parcel Number
09-07-471-030
Land Assessment
$1,465,500
Improvements Assessment
$6,854,400
Total Assessment
$8,319,900
zoning
| Zoning Code | CCR |
| CCR |
Learn More About Investing in Hospitality Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
