For Sale
$3,995,000
200 Mn-28Morris, MN 56267
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- 3.99x Revenue Multiplier.
- $43,424 Average Daily Rate (ADR).
- Turnkey operation; over $3M in recent improvements.
- High revenue potential; limited room rentals since March 2023 opening.
- Morris, MN's only full-service hotel (92 keys, suites with amenities).
- Excellent candidate for hotel flag; Choice Hotels proposal available.
Property Details for 200 Mn-28
- Property type
- Hospitality properties, Hotels
- Square Feet
- 67,000 SF
- Year Built/Renovated
- 1972/2024
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 259,618 SF
Location Insight
- City
- Morris
- County
- Stevens
- State
- Minnesota
- Latitude
- 45.5953024
- Longitude
- -95.9051242
200 Mn-28, Morris, Minnesota
Nearby Similar for Sale
FAQs
- Where is the hospitality property located?
- The property is located at 200 Mn-28 Morris, MN.
- What is the asking price?
- The asking price for this property is $3,995,000.
- What are key features of this property?
- This property features: 3.99x Revenue Multiplier.; $43,424 Average Daily Rate (ADR).; Turnkey operation; over $3M in recent improvements.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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