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89-Room Flagged Hotel

1815 Paul Bunyan Dr NW, Bemidji, MN 56601

For Sale
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The operating economy hotel carries the Super 8 by Wyndham flag and has a pending PIP.

Property SizeContact for details
Days on Market60

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 MN #2013003197
Source: Crexi
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 12 at 4:55AM

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

Rey
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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.

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Electrical Service Garden Center Plumbing Service HVAC Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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