Property summary
This exceptional 25-room motel in International Falls, Minnesota, presents a compelling investment opportunity. Built in 1972 and renovated in 2018, this established property boasts two buildings totaling 9,359 square feet on a 15,246 square foot lot. The three-story structure includes 25 keys, an office, basement, and manager's quarters, ensuring efficient operation. The motel has shown consistent revenue growth over the past three years, making it an attractive prospect for investors. The asking price is $599,000, translating to $64 per square foot and $23,960 per bed. Seller financing is available with favorable terms. This turnkey operation is ideally situated in a prime location, offering immediate income potential and a strong foundation for future growth within the hospitality sector. The property's solid history and attractive financing options make it an ideal acquisition for both seasoned investors and newcomers to the hospitality market. This is a rare opportunity to acquire a well-maintained, profitable motel with significant upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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