Inn/Motel

ASKING PRICE:  $4.1 Million

GROSS SALES:  $1.3 MILLION projected

Property Tax: 2025 thru Oct. 1, $1,065,633, 2024 $1,138,618, 2023 $1,234,447

TERMS:  Cash or terms acceptable to Seller       

TYPE OF BUSINESS: Motel

ROOMS: 60 rooms

SIZE:  72,868 approximately                                   

PARKING:  66 spaces                                  

YEARS ESTABLISHED: Current owner    

REASON FOR SELLING: Other interests Two years      

ADDITIONAL COMMENTS:  Converted to Quality Inn & Suites. Pool, hot tubs, Jacuzzi in rooms.  Juice machine, waffle cold mart, coffee machine. Small conference room.

This is a Confidential Listing.  Do not discuss this property with employees or owner.  For more information or an appointment call:  D.J. SIKKA Cell (612) 701-6296 or OLEG D. (763) 222-5111 or S. BRAR (612) 382-1313

NOTICE:  Information provided by Seller.  Neither Restaurant Brokers of MN nor its Agents Guaranty its Accuracy or Comprehensiveness.

NOTE: Pictures, photos and images used on this webpage are not exact representations of this property! They have been chosen for content and color rather than as exact images of this property.

RBOMN

Restaurant Brokers of Minnesota, Inc.

Brokerage | Project Management | Property Management

Restaurant Brokers of Minnesota, Inc.

6010 Hwy. 7 | St. Louis Park | MN 55416

(952) 929-9273 T | (952) 922-1514 F

rbomn.com | restaurantsforsale.com | twitter.com/rbomninc