An investment firm located in Sarasota, Fla. has acquired hotel property in West Des Moines, Polk County real estate records show.

Staysharpe West Des Moines LLC, managed by Glaxis Capital Management LLC, paid Silverwest I WDM LLC $14.5 million for property located at 575 S. Prairie View Drive in West Des Moines, records show. The 1.7-acre parcel includes a four-story, 69,814-square-foot building (pictured above) that was constructed in 2016. The building is occupied by Element Hotel, which has 110 units. The property is valued at $10.7 million.

The transaction was recorded July 24.

In other transactions:

Boyd R. Bader paid 109 63rd Street LLC $1.4 million for property at 109 63rd St. in Des Moines, records show. The property includes an 8,200-square-foot retail/warehouse built in 1974. The property is valued at $719,000. The transaction was recorded July 21.

Alejandro Sayago-Acuna and Paula Mitre Munoz paid William Kimberley Development Corp. $1.3 million for property at 10518 N.W. 75th Place in Johnston, records show. The 2,900-square-foot house was built in 2023. The transaction was recorded July 21.

The Charles I. Colby & Ruth Colby Investment Trust paid the Timothy Hildreth Revocable Trust $1.4 million for property at 1566 S.E. Maffitt Lake Court in West Des Moines, records show. The nearly 11-acre parcel includes 7.7 acres of crop land and 3.2 acres with buildings, including a single-family house, utility building, pole barn and shed. The transaction was recorded July 23.

OIS Management Services LLC, located in Lincoln, Neb., paid 4300 Westown LLC and Hurd Land Co. LLC $1.12 million for property at 4320 Westown Parkway in West Des Moines, records show. The 1.2-acre parcel includes a 5,328-square-foot building constructed in 2007. Two Rivers Bank & Trust is located in the building. The property is valued at $1.6 million. The transaction was recorded July 23.

Hope Development & Realty LLC, located in West Des Moines, paid Forret Acres LLC $1.19 million for property located east of Fifth Avenue Southwest and south of Second Street Northwest in Altoona, records show. The 8.7-acre parcel is undeveloped. The transaction was recorded July 23. In a related transaction, Forret Acres LLC, located in Urbandale, paid Hope Development $1.19 million for 12 undeveloped residential lots west of Southwest County Line Road between 250th Street and Iowa Highway 44 in Grimes, Dallas County real estate records show. The lots are in Hope Meadows Plat 2. The transaction was recorded July 22.

2805 30th Street LLC, located in Des Moines, paid Brickstone Apts LLC $1.1 million for property at 2805 30th St. in Des Moines, records show. The property includes two three-story apartment buildings, each with 30 units. The buildings were constructed in 1969. The property is valued at $1.7 million. The transaction was recorded July 24.

Dallas County

John Klehn paid Wyatt and Aryn Setterburg $1 million for property at 32621 Panther Creek Road in Adel, Dallas County real estate records show. The 8.6-acre parcel includes a single-family house built in 1980 and a pole barn. The transaction was recorded July 21.

John and Erica Janulewicz paid Muhammad and Sadia Iqbal $1.3 million for property at 3805 144th St. in Urbandale, records show. The property includes a 4,670-square-foot house built in 2014. The transaction was recorded July 21.