Baymont by Wyndham

For Sale

5015 Ridgeway Dr, Harlan, IA 51537

This Harlan property for sale is located at 5015 Ridgeway Dr. The current listed sale price for Baymont by Wyndham is $2,300,000. Baymont by Wyndham is situated on a lot that is 2 acre in size.

Contacts

broker
Dale Zomer

NAI Sioux Falls

Property Details

  • Property Type Other
  • Property Size 10,885 SF
  • Lot Size 2 Acre
  • Year Built 2008
  • Date Updated Apr 17, 2025
Located southeast of the Highway 59/Highway 44 intersection Area neighbors include Bomgaars, Hy-Vee, The Buck Snort Restaurant, Farm Credit Services of America, Harlan Dental, Burger King, Pizza HutBuilding Size: 10,885 sq. ft. # of Rooms: 45 Lot Size: 2 acres (87,120 sq. ft.) 2024 Occupancy: 60.33% Year Built: 2008 Parking Lot: Paved - 50 spaces Zoning: Commercial Cap Rate: 11% Price per Room: $51,111 ADR: $92.64 GRM: 2.90Xs 2024 Projected Revenue: $825,000 Price/sq. ft.: $211.30 Real Estate Taxes: $42,000 3 Year Average Revenue: $794,000 3 Year Average NOI: $260,000 Estimated ADS: $150,000 Estimated Cash Flow after ADS: $110,000
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Highlights

  • Building Size: 10,885 sq. ft.
  • # of Rooms: 45
  • Lot Size: 2 acres (87,120 sq. ft.)
  • 2024 Occupancy: 60.33%
  • Year Built: 2008
  • Parking Lot: Paved - 50 spaces
  • Zoning: Commercial
  • Cap Rate: 11%
  • Price per Room: $51,111
  • ADR: $92.64
  • GRM: 2.90Xs
  • 2024 Projected Revenue: $825,000
  • Price/sq. ft.: $211.30
  • Real Estate Taxes: $42,000
  • 3 Year Average Revenue: $794,000
  • 3 Year Average NOI: $260,000
  • Estimated ADS: $150,000
  • Estimated Cash Flow after ADS: $110,000

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Location

  • City Harlan, IA
  • Zip Code 51537

Points of Interest

  • Cenex

    0.25 miles

  • Shell

    0.32 miles

  • Baymont Harlan

    0.01 miles

  • Cyclone Lodge

    0.46 miles

  • Harlan Inn & Suites

    2.21 miles

  • Cobblestone Inn & Suites - Avoca

    9.78 miles

  • Motel 6

    9.92 miles

  • Bomgaars

    0.09 miles

  • Hy-Vee

    0.19 miles

  • Fareway

    0.49 miles

  • Dollar General

    1.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls

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