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    Hospitality properties

    777 Us-10, Detroit Lakes, MN 56501

    24,442 SF 3.9 ac lot Built 1996
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 1996
    Total area 24,442 SF
    Lot 3.9 ac (169,884 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • AmericInn by Wyndham Detroit Lakes Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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