201 State Rd 16 Rushford, MN 55971
The Rushford Inn, a 20-unit motel built in 2013, presents a unique investment opportunity in Rushford, Minnesota. Situated on a 1.7-acre lot at 201 State Rd 16, this property boasts 12,996 square feet of space and enjoys a prime location directly on a 60-mile bike/hike trail spanning Houston and Fillmore counties. Each of the 20 guest units features either queen or king-sized beds and a distinct design incorporating both interior and exterior access doors, allowing guests convenient parking directly outside their rooms. A modern lobby is complemented by an attached one-room apartment, ideal for an on-site manager. Adding to the income potential, a meeting room attached to the rear of the building is currently leased to local businesses and organizations. Furthermore, a cafe located at the back of the building, facing the popular bike/hike trail, offers additional revenue streams, either through operation as a motel cafe or via separate lease. The property's consistently high ratings for cleanliness and friendly service underscore its strong reputation and potential for continued success. This turnkey operation is priced at $1,659,900 and represents an attractive addition to any investment portfolio. The property's strategic location and diverse income streams make it a compelling investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.