Upon Request Confidential, MN 00000
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 0 Upon Request
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This turnkey Hampton Inn in Minnesota presents a compelling investment opportunity. Priced at $14,995,000, this less-than-five-year-old hotel boasts a projected 7.5% capitalization rate (2024 pro forma). The property features 50 keys and offers significant advantages for qualified buyers. Attractive assumable financing is available, with a $7.75 million balance at a 4% interest rate and a balloon payment due in 2032. Detailed offering materials are available upon execution of a confidentiality agreement. This profitable hotel is situated in a confidential Minnesota location and represents a rare chance to acquire a well-established, high-performing asset with significant financial benefits. The property's recent construction ensures minimal immediate capital expenditure needs, allowing for a smooth transition and immediate return on investment. Further information is available through the provided website. Serious inquiries only. Location details are available upon request and execution of a non-disclosure agreement.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Confidential
- County
- Confidential
- State
- Minnesota