Two (2) Building Motel with 2 Bedroom Living Quarters For Sale - 11295

Price
$2,100,000
Location
Industry
Category
Motels
Description

Hotel business includes two (2) buildings that were built on 2.5 acres as a franchised hotel in 1975. The business currently operates from the 59 room building renovated in 2018. The updated 35 room building has been vacant and is prepared for business expansion. Two-Bedroom living quarters is available in the active hotel. Locate in a pro-business, central Minnesota community with a MSA population of 290,000.

Listing ID
11295
Value From Year
2018
Gross Sales
$843,072
Reason for Selling
Other Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
46

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