777 Us-10 Detroit Lakes, MN 56501
- Hospitality properties
- 24,442 SF
- 3.90 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 777 Us-10
- Year built
- 1996
- Lot size
- 3.90 lot acres
- Property size
- 24,442 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 45-key AmericInn hotel presents a compelling value-add investment opportunity in Detroit Lakes, Minnesota. Boasting 24,442 square feet across a two-story building on a 3.9-acre lot (APN 490470000), this 1996-built property enjoys a prime location at 777 US-10, 56501. Situated in a vibrant tourist destination known for its stunning lakes, outdoor recreation, and thriving arts and culture scene, the hotel benefits from year-round appeal. Detroit Lakes' strong economy, fueled by tourism and local events like the annual WE Fest, ensures consistent traveler demand. The AmericInn features an indoor pool, hot tub, fitness center, and business services, catering to both leisure and business travelers. Currently under absentee ownership, this property offers significant potential for increased performance through enhanced management. The hotel's strong occupancy rates and revenue potential make it an attractive investment. A confidentiality agreement is required to access detailed financial information. This is a chance to acquire a well-established hotel in one of Minnesota's most desirable locations, where outdoor recreation, community spirit, and economic growth converge.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit Lakes
- County
- Becker
- State
- Minnesota
- Longitude
- -95.827
- Latitude
- 46.8098
