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Hotel-Motel

Baymont by Wyndham & Days Inn by Wyndham Davenport

400 Jason Way Ct, Davenport, IA 52806

Listing Price: $4,500,000

Cap Rate
11.80%
Number of Rooms
100
RevPAR
$39
Price/Room
$45,000
Year Built
1995

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Baymont by Wyndham & Days Inn by Wyndham Davenport ("Hotel" or "Property") located at 400 Jason Way Court in Davenport, Iowa. The dual-branded Wyndham Hotels & Resorts hospitality asset is offered at $4,500,000 or $45,000 per key.

Situated on approximately 2.23 acres, the Property consists of 100 total rentable guest rooms, including 55 Baymont by Wyndham rooms and 45 Days Inn by Wyndham rooms. The Baymont and Days Inn share a common front desk, breakfast area, and operational infrastructure, creating efficiencies for ownership and management. Amenities include a business center, fitness center, complimentary breakfast, free Wi-Fi, guest laundry facilities, elevator access, 112 parking spaces with RV and trailer parking, and approximately 72 square feet of meeting space.

Originally constructed in 1995, the Hotel has undergone approximately $1.2 million in capital improvements, including a comprehensive renovation completed in 2024 for the Baymont and 2025 for the Days Inn. Additional improvements include the replacement of approximately 40 PTAC units with new PremAire systems. Moreover, the Property is being offered with no anticipated Property Improvement Plan (PIP) requirements at sale.

Conveniently located near the intersection of Interstate 80 and U.S. Highway 61, the Hotel offers excellent accessibility throughout eastern Iowa and western Illinois. Gaming demand is driven by nearby Rhythm City Casino Resort and Isle Casino Hotel Bettendorf, which attract visitors from across Iowa, Illinois, and the Midwest. Healthcare-related visitation is generated by MercyOne Genesis Davenport Medical Center, one of the region's leading healthcare providers, supporting patient, visitor, physician, vendor, and healthcare-related lodging demand. The Property is also less than ten miles away from both Palmer College of Chiropractic, known internationally as the founding college of chiropractic education, and St. Ambrose University, which generate year-round visitation through academic programming, athletic events, commencements, admissions activities, conferences, and family visits. Guests enjoy convenient access to Downtown Davenport, the Mississippi River waterfront, the Figge Art Museum, and the Putnam Museum and Science Center, all of which attract cultural and recreational visitors throughout the year. Family-oriented demand is generated by Fun Station Quad Cities, while regional sports tourism is driven by the TBK Bank Sports Complex, one of the Midwest's leading youth and amateur sports destinations hosting tournaments, competitions, and regional events that generate significant room-night demand. Additionally, lodging demand is supported by Davenport Municipal Airport, which serves as a general aviation airport and has been home to the Quad City Air Show since 1987.

As the third most populous city in Iowa, Davenport serves as one of the principal commercial and cultural centers within the Quad Cities metropolitan area, a regional hub anchored by a diverse economy and strategic position along the Mississippi River. The market's economy is supported by manufacturing, healthcare, logistics, education, financial services, and agriculture, with John Deere's corporate presence and the John Deere Pavilion serving as significant drivers of corporate travel and tourism activity. The combination of strong interstate visibility, proximity to the region's leading attractions and institutions, and access to major transportation corridors provides the Baymont by Wyndham & Days Inn by Wyndham Davenport with exposure to both local and regional lodging demand.

Investment Highlights

  • Dual Wyndham Brand Affiliation: Baymont by Wyndham and Days Inn by Wyndham Operating Within a Single Asset with Shared Operational Efficiencies.
  • Recently Renovated Property: Approximately $1.2 Million Invested in Renovations Completed in 2024 and 2025.
  • No Anticipated PIP Requirements: Property Expected to Be Transferred Without Significant Brand-Mandated Capital Expenditure Obligations.
  • 100 Total Rentable Guest Rooms: Consisting of 55 Baymont Rooms and 45 Days Inn Rooms Plus a One-Bedroom Apartment.
  • Major Gaming Demand Generators: Near Rhythm City Casino Resort and Isle Casino, Driving Consistent Leisure and Entertainment Travel.
  • Strong Healthcare Demand Base: Located Near MercyOne Genesis Davenport Medical Center, One of the Region's Leading Healthcare Providers.
  • Higher Education Demand Drivers: Benefits from Proximity to Palmer College of Chiropractic and St. Ambrose University.
  • Premier Sports Tourism Exposure: Near TBK Bank Sports Complex, a Significant Generator of Tournament and Event-Related Room Nights.

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Hotel-Motel

Baymont by Wyndham & Days Inn by Wyndham Davenport

Listing Price: $4,500,000

Cap Rate
11.80%
Number of Rooms
100
RevPAR
$39
Price/Room
$45,000
Year Built
1995

Investment Highlights

  • Dual Wyndham Brand Affiliation: Baymont by Wyndham and Days Inn by Wyndham Operating Within a Single Asset with Shared Operational Efficiencies.
  • Recently Renovated Property: Approximately $1.2 Million Invested in Renovations Completed in 2024 and 2025.
  • No Anticipated PIP Requirements: Property Expected to Be Transferred Without Significant Brand-Mandated Capital Expenditure Obligations.
  • 100 Total Rentable Guest Rooms: Consisting of 55 Baymont Rooms and 45 Days Inn Rooms Plus a One-Bedroom Apartment.
  • Major Gaming Demand Generators: Near Rhythm City Casino Resort and Isle Casino, Driving Consistent Leisure and Entertainment Travel.
  • Strong Healthcare Demand Base: Located Near MercyOne Genesis Davenport Medical Center, One of the Region's Leading Healthcare Providers.
  • Higher Education Demand Drivers: Benefits from Proximity to Palmer College of Chiropractic and St. Ambrose University.
  • Premier Sports Tourism Exposure: Near TBK Bank Sports Complex, a Significant Generator of Tournament and Event-Related Room Nights.

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Baymont by Wyndham & Days Inn by Wyndham Davenport ("Hotel" or "Property") located at 400 Jason Way Court in Davenport, Iowa. The dual-branded Wyndham Hotels & Resorts hospitality asset is offered at $4,500,000 or $45,000 per key. Situated on approximately 2.23 acres, the Property consists of 100 total rentable guest rooms, including 55 Baymont by Wyndham rooms and 45 Days Inn by Wyndham rooms. The Baymont and Days Inn share a common front desk, breakfast area, and operational infrastructure, creating efficiencies for ownership and management. Amenities include a business center, fitness center, complimentary breakfast, free Wi-Fi, guest laundry facilities, elevator access, 112 parking spaces with RV and trailer parking, and approximately 72 square feet of meeting space. Originally constructed in 1995, the Hotel has undergone approximately $1.2 million in capital improvements, including a comprehensive renovation completed in 2024 for the Baymont and 2025 for the Days Inn. Additional improvements include the replacement of approximately 40 PTAC units with new PremAire systems. Moreover, the Property is being offered with no anticipated Property Improvement Plan (PIP) requirements at sale. Conveniently located near the intersection of Interstate 80 and U.S. Highway 61, the Hotel offers excellent accessibility throughout eastern Iowa and western Illinois. Gaming demand is driven by nearby Rhythm City Casino Resort and Isle Casino Hotel Bettendorf, which attract visitors from across Iowa, Illinois, and the Midwest. Healthcare-related visitation is generated by MercyOne Genesis Davenport Medical Center, one of the region's leading healthcare providers, supporting patient, visitor, physician, vendor, and healthcare-related lodging demand. The Property is also less than ten miles away from both Palmer College of Chiropractic, known internationally as the founding college of chiropractic education, and St. Ambrose University, which generate year-round visitation through academic programming, athletic events, commencements, admissions activities, conferences, and family visits. Guests enjoy convenient access to Downtown Davenport, the Mississippi River waterfront, the Figge Art Museum, and the Putnam Museum and Science Center, all of which attract cultural and recreational visitors throughout the year. Family-oriented demand is generated by Fun Station Quad Cities, while regional sports tourism is driven by the TBK Bank Sports Complex, one of the Midwest's leading youth and amateur sports destinations hosting tournaments, competitions, and regional events that generate significant room-night demand. Additionally, lodging demand is supported by Davenport Municipal Airport, which serves as a general aviation airport and has been home to the Quad City Air Show since 1987. As the third most populous city in Iowa, Davenport serves as one of the principal commercial and cultural centers within the Quad Cities metropolitan area, a regional hub anchored by a diverse economy and strategic position along the Mississippi River. The market's economy is supported by manufacturing, healthcare, logistics, education, financial services, and agriculture, with John Deere's corporate presence and the John Deere Pavilion serving as significant drivers of corporate travel and tourism activity. The combination of strong interstate visibility, proximity to the region's leading attractions and institutions, and access to major transportation corridors provides the Baymont by Wyndham & Days Inn by Wyndham Davenport with exposure to both local and regional lodging demand.

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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