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Morris, MN Hospitality Properties for Sale

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200 Mn-28
$3,995,000
67,000 SF

200 Mn-28

200 Mn-28, Morris, MN 56267

Hotels • 67,000 SF

  • 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).
Updated: Dec 11, 2024
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Turnkey Hotel with Development Potential
$3,095,000

Turnkey Hotel with Development Potential

200 Mn-28, Morris, MN 56267

92-key hotel with amenities, recent updates, and development potential.

  • Extensive Recent Renovations: Over $3M invested, including new roof, insulation, electrical, and more.
  • Strong Revenue Upside: Significant potential to increase revenue.
  • Limited Competition: The only full‑service hotel in Morris, MN, with 92 keys.
  • Flagging Potential: Well‑qualified to be flagged with Choice Hotels.
  • Versatile Amenities: Full‑size swimming pool, hot tub, bar & restaurant, and two event centers.
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Morris, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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Recreational Lot Near Mille Lacs
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Recreational Lot Near Mille Lacs

Affordable recreational lot with amenities near Mille Lacs Lake.

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Luxury Downtown Living at Ivy

Meticulously transformed condo with five-star hotel amenities and unmatched elegance.

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Historic Minneapolis Landmark For Sale
$2,800,000
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Historic Minneapolis Landmark For Sale

Iconic property with versatile potential in Kenwood neighborhood.

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Explore Off-Market Properties in Morris, MN

Consider similar Off-Market properties in Morris, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

200 Mn-28

200 Mn-28

Hotels • 67,000 SF
Value Estimation by Request
200 Mn-28, Morris, MN 56267
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Morris, MN Hospitality Properties Investment Opportunities Market Analysis

Explore 3 hospitality properties for sale in Morris, MN on our real estate platform. These investment opportunities span a total of 259,618 square feet of properties for sale, with an estimated market value of $3,995,000.

Prices for hospitality properties in Morris, MN start at $3,995,000, averaging $3,995,000, and reaching up to $3,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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