1205 N 43rd St - Hospitality FOR SALE


Grand Forks, ND 58203
$6,500,000 USD
701-772-8106
1205 N 43rd St, Grand Forks, ND for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

1205 N 43rd St
Grand Forks, ND 58203


HIGHLIGHTS

  • 100 rooms
  • 6,310 Event Center
  • Restaurant and Lounge
  • Highly accessible

OVERVIEW

Ramada by Wyndham Grand Forks is a 100- room hotel with a 6,310 sf event center located at 1205 N 43rd St in Grand Forks, North Dakota. Onsite amenities include, but not limited to, a heated indoor pool, hot tub, kid/baby pool, fitness center, business center, meeting room(s), lounge featuring electronic gaming, restaurant and banquet hall(s). Sitting on just over five acres, the Ramada accommodates parking for a wide variety of vehicles and trailers. Positioned near the intersection of Hwy 2 and I-29, the Ramada is a short five-mile drive from Grand Forks International Airport (GFK) and a 15-mile drive to the Grand Forks Air Force Base or Grand Sky aviation park. Attend a major event just down the road at the Alerus Center, or see the University of North Dakota hockey team in action at the nearby Ralph Engelstad Arena located on The University of North Dakota campus one mile away.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$87 USD /SF

# OF ROOMS

100

PRICE/ROOM

$65,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada Grand Forks

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.4 AC

LAND SF

235,224 SF

ZONING

Commercial

APN/PARCEL ID

44111500008002

ASK ABOUT THIS PROPERTY

Eric MuusOxford RealtyMore Info
701-772-8106

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Eric MuusOxford RealtyMore Info
701-772-8106

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