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Morris, MN Hotels 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).
Last Update: 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.

Lakeside Hospitality Business Opportunity
Contact for pricing
6,056 SF

Lakeside Hospitality Business Opportunity

Thriving lakeside bar, grill, and entertainment venue for sale.
805 Main St, Madison Lake, MN 56063
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Lakeside Hospitality Business Opportunity
Contact for pricing
6,056 SF

Lakeside Hospitality Business Opportunity

Thriving bar, grill, and condos on Madison Lake.
803 Main St, Madison Lake, MN 56063
View details
98-Room Hotel with Manager’s Apartment
$4,600,000
54,722 SF

98-Room Hotel with Manager’s Apartment

Two-story hotel with conversion opportunity in expanding market.
3200 W Russell St, Sioux Falls, SD 57107
View details
Ramada Hotel: Sioux Falls, SD
$16,500,000
123,702 SF

Ramada Hotel: Sioux Falls, SD

Profitable Hotel, Prime Location, High Cap Rate
1301 Russell St, Sioux Falls, SD 57104
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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
View details

Morris, MN Hotels Investment Opportunities Market Analysis

Explore 3 hotels 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 resorts 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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