For Sale
$14,995,000

0 Upon RequestConfidential, MN 00000

Profitable Hotel, Assumable Financing

Overview

Added:
Dec 11, 2024
Days on market:
119
This turnkey Hampton Inn in Minnesota presents a compelling investment opportunity. Priced at $14,995,000, this less-than-five-year-old hotel boasts a projected 7.5% capitalization rate (2024 pro forma). The property features 50 keys and offers significant advantages for qualified buyers. Attractive assumable financing is available, with a $7.75 million balance at a 4% interest rate and a balloon payment due in 2032. Detailed offering materials are available upon execution of a confidentiality agreement. This profitable hotel is situated in a confidential Minnesota location and represents a rare chance to acquire a well-established, high-performing asset with significant financial benefits. The property's recent construction ensures minimal immediate capital expenditure needs, allowing for a smooth transition and immediate return on investment. Further information is available through the provided website. Serious inquiries only. Location details are available upon request and execution of a non-disclosure agreement.

Highlights

  • Offering materials available with signed confidentiality agreement.
  • 7.5% projected cap rate (2024 pro forma).
  • Turnkey, profitable Hampton Inn in Minnesota; recently built (less than five years old).
  • Assumable financing available: $7.75M balance, 4% interest, 2032 balloon payment.
  • Contact SVN | Northco brokers for details.
  • Property website: https://www.northco.com/confidential/mn-hampton-inn-hotel

Property Details for 0 Upon Request

Property type
Hospitality properties, Hotels

Location Insight

City
Confidential
County
Confidential
State
Minnesota

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