1001 Highway 2 E - Hospitality FOR SALE


Devils Lake, ND 58301
$1,350,000 USD
520-664-4091
1001 Highway 2 E, Devils Lake, ND for Sale
$1,350,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

1001 Highway 2 E
Devils Lake, ND 58301


HIGHLIGHTS

  • Asset has steady YOY revenue
  • August 2025 T12 Index Performance: OCC 74.2% / ADR 106.6% / RevPAR 78.6%
  • Manager’s quarters on-site
  • Absentee Managed: Offering on-site owner/operator to decrease costs and increase revenues
  • Financing available to qualified buyers (SBA 7A, SBA 504, Conventional)
  • Minimal Competition: Only Wyndham property in town

OVERVIEW

Jigar "Jay" Desai of NewGen Advisory is proud to present for sale the Super 8 by Wyndham - Devils Lake, ND. This economy-class, two-story hotel comprises 15,031 SF on a 1.34-acre lot and was built in 1978 with a full renovation completed in 2013. The property has 37 guest rooms and is zoned “C,” making it suitable for continued hospitality use or potentially adaptive redevelopment. Positioned just off Highway 2, the hotel offers strong visibility and convenient access to key demand generators like Spirit Lake Casino, area heritage sites, and Devils Lake’s recreation offerings. Guests enjoy standard amenities including free WiFi, complimentary continental breakfast, an indoor heated pool and hot tub, 24-hour front desk service, and complimentary parking. Its central location and branded status with Wyndham position the property as a solid investment opportunity, especially for an owner-operator or investor seeking a value tier lodging property in the Devils Lake market.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

37

PRICE/ROOM

$36,486 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Devils Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C

APN/PARCEL ID

39270200024000

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.