For Sale
Baymont by Wyndham
5015 Ridgeway Drive, Harlan, IA 51537
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.
Key features
- 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.
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Contacts
Dale Zomer
NAI Sioux Falls
Building Details
- For Sale $2,400,000
- Property Type Other
- Property Size 10,885 SF
- Lot Size 2 Acre
- Year Built 2008
- Date Updated Jun 11, 2026
Attachments
Getting Around
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Walk Score ®
Car-Dependent (49) -
Bike Score ®
Somewhat Bikeable (34)
Powered by Walk Score ®
Location
- City Harlan, IA
- Zip Code 51537
Points of Interest
Shell
0.31 miles
Burger King
0.28 miles
Pizza Hut
0.37 miles
Subway
0.50 miles
DQ Grill & Chill
0.68 miles
Casey's
0.82 miles
Westphalia Klub Haus
6.17 miles
Norma Jean’s
9.05 miles
Wendy's
9.92 miles
Hy-Vee
0.18 miles
Fareway
0.48 miles
Dollar General
1.15 miles
Myrtue Memorial Hospital
0.63 miles
DaVita Harlan Dialysis
0.69 miles
Harlan Police Department
1.35 miles
Shelby County Sheriffs Department
1.36 miles
Harlan Fire Department
1.48 miles
Westphalia Fire Department
5.98 miles
5015 Ridgeway Drive Listing Summary
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What is the asking price at Baymont by Wyndham?
Baymont by Wyndham is currently listed for sale at Contact for pricing.
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What is the total size of Baymont by Wyndham?
Baymont by Wyndham has a total of 10,885 square feet.
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What is the year built for Baymont by Wyndham?
The year built for Baymont by Wyndham is 2008.
Contact Listing Broker
Dale Zomer
NAI Sioux Falls