89-Room Flagged
For Sale
Contact for pricing
1815 Paul Bunyan Dr NW, Bemidji, MN 56601
The operating economy hotel carries the Super 8 by Wyndham flag and has a pending PIP.
Property SizeContact for details
Days on Market12
Property Features for 1815 Paul Bunyan Dr NW
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Business Included
Yes
Listing Agency:
Charles Hart Hospitality
Listed By:
Alex K. Fifner · License #2013003197
Source:
Crexi
Added: Sep 16
Changed: Sep 24
Last Checked: Sep 26 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Hart Hospitality
Investment Insights
Based on property information with market context.
This 89-room economy hotel operates under the Super 8 by Wyndham brand in Bemidji, Minnesota. A property improvement plan is pending. Its trailing 12-month RevPAR is 82% of the comparable set’s figure, providing a specific measure of its current operating position.
The market’s demand base includes Bemidji State University, Sanford Health’s regional medical campus, forestry and wood products, and government and tribal services connected to the Red Lake, White Earth, and Leech Lake Nations. Area recreation includes more than 400 lakes and an extensive trail network, contributing to four-season tourism activity.
The market’s demand base includes Bemidji State University, Sanford Health’s regional medical campus, forestry and wood products, and government and tribal services connected to the Red Lake, White Earth, and Leech Lake Nations. Area recreation includes more than 400 lakes and an extensive trail network, contributing to four-season tourism activity.
Key Highlights
- 89‑room economy hotel operating under the Super 8 by Wyndham flag
- Trailing 12‑month RevPAR equals 82% of the comparable set’s figure
- Pending property improvement plan
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
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Business Placement
Demographics for 56601, MN
34,647
Population
16,104
Households
2.2
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
371.1 sq mi
ZIP Area
93
Density / Sq Mi
$69,782
Median Household Income
$37,498
Median Earnings
$1,033
Median Rent
$242,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - The operating economy hotel carries the Super 8 by Wyndham flag and has a pending PIP.
Where is this hotel located?
The property is located at 1815 Paul Bunyan Dr NW Bemidji, MN.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 89‑room economy hotel operating under the Super 8 by Wyndham flag; Trailing 12‑month RevPAR equals 82% of the comparable set’s figure; Pending property improvement plan
