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    830 Yellow Brick Rd Chaska, MN 55318-2152
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    Property profile & analytics

    830 Yellow Brick Rd Chaska, MN 55318-2152


    • Motels
    • 5,772 SF
    • 1.11 lot acres
    Off-Market
    Last Sale Oct 1, 2024
    $1,180,000
    Property ID
    US46-0640127
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super 8 by Wyndham Chaska / Hotel & Motel

    Property Details for 830 Yellow Brick Rd

    Year built
    1986
    Lot size
    1.11 lot acres
    Property size
    5,772 SF
    Property type
    Motels
    APN
    30-6460030
    APU
    306460030

    Description

    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.


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    Location Insight

    • Map
    • Local Demand
    City
    Chaska
    County
    Carver
    State
    Minnesota
    Longitude
    -93.5989
    Latitude
    44.7925
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,054
    $338,500
    $395,100
    $733,600
    -
    $338,500
    $395,100
    $733,600
    More about this property
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