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    OFF-MARKET
    Motels

    830 Yellow Brick Rd, Chaska, MN 55318-2152

    5,772 SF 1.11 ac lot Built 1986
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US46-0640127
    Property summary
    AI-generated overview

    This exceptional 29-key Super 8 by Wyndham hotel in Chaska, Minnesota, presents a compelling investment opportunity. Boasting 12,768 square feet across two stories, this 1986-built property offers a unique advantage as the only franchised hotel in Chaska. Its strategic location near Minneapolis provides convenient access to major transportation routes, including Highways 212 and 41, tapping into the larger Minneapolis-St. Paul-Bloomington MSA market while maintaining a small-town atmosphere. The hotel features an interior corridor design and benefits from a recently completed owner-initiated property improvement plan (PIP) and substantial capital expenditures. A significant upside potential is indicated by a 62.4% RevPar Index. Further enhancing its appeal, the property includes a two-bedroom manager's apartment complete with a full kitchen and living room. Chaska's vibrant economy, strong community, excellent schools, and diverse recreational opportunities create a favorable environment for both business and leisure travelers. The asking price is $1,375,000, translating to $107.69 per square foot. This represents a rare chance to acquire a well-positioned, improved hotel in a thriving Minnesota community.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1986
    Total area 5,772 SF
    Lot 1.11 ac (48,352 SF)
    APN 30-6460030
    UPID US46-0640127
    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
    • Super 8 by Wyndham Chaska Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Prime Hotels INC · 1 yrs held
    Prime Hotels INC
    since 2024
    Last sale
    $1.2M
    3 recorded transactions
    2024
    $1.2M
    2019
    $1.3M
    2008
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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