Property profile

2101 2nd Ave International Falls, MN 56649

OFF-MARKET
Motels
Property ID
US46-2434187
7,255 SF Built 1967
Entity Owned Free & Clear
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Property summary

AI-generated overview

This hospitality property in International Falls comprises a motel building totaling approximately 7,720 square feet with 21 guest rooms, on-site living quarters, an office, a laundry room, and a fish cleaning shack. The motel is situated directly on Highway 53 near the entrance to town and includes security cameras and a remote thermostat. Guest rooms are equipped with air conditioning, microwaves, refrigerators, flat-screen televisions, and linens. The property has received updates that include the roof, floors, and boiler system, and features a backup boiler; toilets were also updated. The lower-level laundry room is configured with 3 washers and 4 dryers, and additional units that could be repurposed for apartments or storage space. The listing indicates that fixtures and equipment are part of the property configuration, and the facility has been supported by web-based advertising and booking channels.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1967
Total area 7,255 SF
APN 92-111-08010
UPID US46-2434187

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2101 2nd Ave International Falls, MN 56649-3932
International Falls metro Census 790100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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