Property profile

2600 Annapolis N Ln Plymouth, MN 55441

OFF-MARKET
Commercial real estate
Property ID
US46-0558684
2.92 ac lot Built 1989
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 117-room motel presents a lucrative investment opportunity in Plymouth, Minnesota. Boasting 20,000 square feet across four stories in a single building, constructed in 1989, this property is strategically located at the intersection of I-494 and State Route 55, offering convenient access to downtown Minneapolis. The asking price is $5,500,000, translating to $275 per square foot. Each guest room includes modern amenities such as free Wi-Fi, an expanded cable package with HBO, a flat-screen TV, a microwave, and a mini-refrigerator. The hotel is also pet-friendly, catering to a broader range of travelers. This established motel benefits from high visibility and accessibility due to its prime location near major transportation arteries. The property's strong existing infrastructure and proven operational history make it an attractive prospect for investors seeking a stable and potentially high-yielding asset in a thriving metropolitan area. The significant number of rooms and the inclusion of desirable amenities position this motel for continued success and potential for increased revenue generation. This represents a rare opportunity to acquire a well-established hospitality business in a highly desirable location with significant growth potential. The property's size and location make it ideal for both short-term and long-term investment strategies.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction WOOD
Lot 2.92 ac (127,195 SF)
APN 22-118-22-34-0020
UPID US46-0558684

Cap rate & NOI

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

Location

2600 Annapolis N Ln Plymouth, MN 55441-3604
Plymouth metro Census 26514 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.13M

Owner & transaction history

since 2025
Last sale
$4.5M
7 recorded transactions
2025
$4.5M
2019
Price N/A
2016
Price N/A
2013
$1.9M
2011
Price N/A
2007
$3.7M
1969
Price N/A

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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