Marketplace
Diligence open
Hotel Fort Des Moines, Curio Collection by Hilton
Des Moines, IowaLifestyle / soft brand hotelDiligence open — offers reviewed weekly
- Price guidance
- $68.2M guidance
- Keys
- 290
- TTM revenue
- $18.5M
- NOI
- $5.5M
- Occupancy
- 68%
- ADR
- $174
- RevPAR
- $119
- Cap rate
- 8.1%
Public summary
290-key Curio Collection by Hilton hotel in Des Moines, IA, renovated in 2021. Upscale lifestyle asset with branded distribution and Des Moines, Iowa demand drivers.
- Curio Collection by Hilton flag with national reservation distribution
- Upscale lifestyle operating model in the Des Moines market
- 290 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Des Moines, Iowa draws corporate, leisure, and event demand that supports the Curio Collection by Hilton flag.
Asset
Lifestyle / soft brand hotel operating under the Curio Collection by Hilton brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- 1919
- Last renovated
- 2021
- Brand class
- Upscale lifestyle
- Brand family
- Hilton
- Keys
- 290
- Address
- Des Moines, IA