Baymont by Wyndham

For Sale

5015 Ridgeway Drive, Harlan, IA 51537

This Harlan property for sale is located at 5015 Ridgeway Drive. The current listed sale price for Baymont by Wyndham is $2,400,000. Baymont by Wyndham is situated on a lot that is 2 acre in size.

Contacts

Dale Zomer

NAI Sioux Falls

Property Details

  • Property Type Other
  • Property Size 10,885 SF
  • Lot Size 2 Acre
  • Year Built 2008
  • Date Updated Jun 25, 2026
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 Hut45 rooms 2024 Occupancy: 60.33% Parking Lot: Paved - 50 spaces Price per Room: $55,814 ADR - 2024: $92.64 GRM: 2.90Xs 2026 Projected Revenue: $850,000 Price/sq. ft.: $220.49 Real Estate Taxes: $42,000 2025 Revenue: $828,788 4 Year Average NOI (2022-2025): $228,124 Estimated ADS: $140,000 Estimated Cash Flow after ADS: $60,000 Recent improvements include new mattresses, platform LED bed frames, LVT flooring, vanity lights, 10 new PTAC units, 25 new mini refrigerators, updated Wyndham paint colors, a new fitness room, a refurbished swimming pool, and granite countertops in the lobby and breakfast area.
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Highlights

  • 2024 Occupancy: 60.33%
  • 2025 Revenue: $828,788
  • 2026 Projected Revenue: $850,000
  • 4 Year Average NOI (2022-2025): $228,124
  • 45 rooms
  • ADR - 2024: $92.64
  • Estimated ADS: $140,000
  • Estimated Cash Flow after ADS: $60,000
  • GRM: 2.90Xs
  • Parking Lot: Paved - 50 spaces
  • Price per Room: $55,814
  • Price/sq. ft.: $220.49
  • Real Estate Taxes: $42,000
  • Recent improvements include new mattresses, platform LED bed frames, LVT flooring, vanity lights, 10 new PTAC units, 25 new mini refrigerators, updated Wyndham paint colors, a new fitness room, a refurbished swimming pool, and granite countertops in the lobby and breakfast area.

Attachments

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  • 34/100

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Location

  • City Harlan, IA
  • Zip Code 51537

Points of Interest

  • Cenex

    0.24 miles

  • Shell

    0.31 miles

  • Baymont Harlan

    0.00 miles

  • Cyclone Lodge

    0.45 miles

  • Harlan Inn & Suites

    2.20 miles

  • Cobblestone Inn & Suites - Avoca

    9.79 miles

  • Motel 6

    9.93 miles

  • Bomgaars

    0.10 miles

  • Hy-Vee

    0.18 miles

  • Fareway

    0.48 miles

  • Dollar General

    1.15 miles

Contact Listing Broker
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