Baymont Inn & Suites Keokuk

Highlights:

• Key Selling Points for Baymont Inn & Suites, Keokuk, Iowa:
• - Prime Location: High visibility on Main Street, 2 blocks from the Mississippi River.
• - Nearby Development: Across from River City Mall, undergoing a major renovation.
• - Event Space: 5,700 SF banquet hall with flexible layout and renovation potential.
• - Largest Pool: Biggest hotel pool within a 50-mile radius, ideal for families.
• - Room Variety: 80 rooms, including King Suites and Double Full Rooms.
• - Ample Amenities: Fitness center, business center, meeting room, and covered entrance.
• - Extra Income: Office suite with potential for leasing or restaurant/bar conversion.
• - Plenty of Parking: Ample parking for guests and event attendees.
• - Recognized Brand: Operates under Wyndham’s Baymont Inn & Suites.
• - Value-Add Potential: Clear PIP items and strong upside for profitability.

Description:

Value-Add Investment Opportunity: Baymont Inn & Suites, 325 Main Street, Keokuk, Iowa

This 80-room Baymont Inn & Suites in Keokuk, Iowa, presents an exceptional value-add investment opportunity for the savvy buyer. With a prime location, generous amenities, and strong potential, this property offers a unique chance to revitalize a full-service hotel and capitalize on its untapped potential.

Prime Location and Visibility
Situated on Main Street, the hotel boasts high visibility, prominent signage, and is directly across from the River City Mall, which is undergoing a transformative renovation. Just two blocks from the Mississippi River and a pedestrian scenic overlook, this property is well-positioned to attract both business and leisure travelers.

Extensive Facilities and Amenities

Room Mix: 4 King Suites, 24 King Rooms, and 52 Double Full Rooms.
Banquet Hall: A 5,700 SF finished basement with a reception area, bathrooms, and flexible space divisible into three sections. Renovation could unlock significant revenue potential.
Largest Pool in a 50-Mile Radius: A standout feature to attract families and groups.
Additional Amenities: A fully equipped fitness center, business center, and meeting room.
Restaurant and Office Potential: The main-level office suite, formerly a restaurant and bar, includes a large kitchen space ripe for redevelopment.

PIP and Capital Improvements
Wyndham's PIP requirements include exterior painting, window replacements, and furniture updates, providing a clear roadmap for improvements. With these upgrades, the property can quickly reposition itself as a competitive, profitable asset in the market.

Revenue Potential
The property is currently underperforming but offers significant opportunities for growth. By addressing the PIP items, restoring the banquet hall, and leveraging its unique amenities, a new owner can unlock strong revenue streams.

This property offers a unique chance to acquire an 80-room branded hotel in a prime location with significant upside potential. Whether you're an experienced operator or looking for your next value-add project, the Baymont Inn & Suites in Keokuk is an opportunity you don't want to miss.

Located at 325 Main Street in Keokuk, Iowa, the Baymont Inn & Suites boasts a prime position along the region’s busiest corridor, Main Street, which doubles as both Highway 218 and Highway 61. With approximately 12,100 vehicles passing daily, this location offers exceptional visibility and convenience for retailers, service providers, and local businesses alike. Positioned directly across the street from the River City Mall, the property benefits from proximity to high-traffic neighbors that consistently attract a diverse customer base, providing an advantageous setting for foot traffic and brand exposure.

Keokuk, known as the “Gateway City to the West,” sits in the southeast corner of Iowa, bordered by Illinois and Missouri across the Mississippi River. This strategic tri-state location makes it a central hub for residents and travelers from Iowa, Illinois, and Missouri alike. As the most populous city in Lee County, Keokuk is a historical and economic center with a close-knit community feel, a rich history, and a growing number of amenities that draw both locals and visitors year-round.

Main Street’s connection to highways 218, 61, and nearby Highway 136 ensures easy accessibility for both local and regional customers. The city’s infrastructure, supportive business climate, and vibrant small-town character make this retail strip center an attractive destination for businesses looking to establish or expand their presence in the region. The high traffic volume and prominent location provide an ideal setup for businesses seeking high visibility in Keokuk’s retail landscape.

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