Conversation Opportunity

Investment Overview

Large Space: The property boasts a gross building area of 62,305 square feet, spanning two stories with 139 rooms, providing ample space for a variety of uses.
Meeting Space: The property features 8,000 square feet of meeting space, suitable for conferences, events, or other gatherings.
Fitness Center: The property includes a fitness center, offering a space for exercise and wellness activities.
Indoor Pool: The property houses an indoor pool, providing a recreational amenity for guests or residents.
Business Center: The property is equipped with a business center, complete with public access WiFi, ideal for professional needs.
Smoke-Free Environment: The property maintains a 100% smoke-free environment, ensuring a healthy atmosphere.
On-Site Bar: The property features an on-site bar, offering a space for relaxation and socializing.
Prime Location: Located near the Des Moines International Airport and downtown Des Moines, the property offers easy access for visitors and residents.
Proximity to Universities: The property is close to several universities, including Grand View University, Des Moines University, Drake University, and Iowa State University.

Potential Conversion Example: From Hotel to Medical Facility

The building has a gross building area of 62,305 square feet, spans two stories, and houses 139 rooms, providing ample space for a comprehensive healthcare facility.
The property was renovated in 2016, ensuring up-to-date infrastructure that can be readily adapted to meet the requirements of a modern medical facility.
The property's 8,000 square feet of meeting space can be transformed into patient rooms, consultation areas, or administrative offices.
The existing fitness center can be converted into a rehabilitation center for physical therapy and recovery.
The indoor pool can be utilized for aquatic therapy, a valuable service for patients requiring low-impact therapeutic exercises.
The on-site business center, equipped with public access WiFi, can be transformed into a telemedicine hub for remote consultations and digital health services.
The property maintains a smoke-free environment, ensuring a healthy atmosphere for patients and staff.
The property's on-site bar can be repurposed into a communal area for patients and their families, a cafeteria, or a wellness center offering nutritional advice and health-focused activities.
The property's proximity to several universities presents an opportunity for potential partnerships, internships, and a steady supply of medical professionals.
The conversion of the property into a medical facility represents a unique opportunity to meet the growing healthcare needs of the Des Moines community while maximizing the use of existing real estate assets.