1207 Saint Croix St - Hospitality FOR SALE


River Falls, WI 54022
$2,000,000 USD
952-932-9987
1207 Saint Croix St, River Falls, WI for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

1207 Saint Croix St
River Falls, WI 54022


HIGHLIGHTS

  • Strong Location – Approximately 1 mile from the University of Wisconsin River Falls, a key and consistent demand driver for the market
  • Brand Conversion Upside – Potential opportunity to reposition the asset through a conversion from a Choice or Wyndham brand
  • Twin Cities Access – Located just 30 miles from Minneapolis St. Paul, benefiting from proximity to a major metro area

OVERVIEW

Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the Coratel Inn & Suites by Jasper in River Falls, Wisconsin is a 47 room hotel located just minutes from the University of Wisconsin River Falls and approximately 30 miles from the Minneapolis St. Paul metro area. The hotel benefits from consistent demand generated by the university, River Falls Area Hospital, and a diverse base of regional employers and manufacturers. With strong proximity to the Twin Cities and potential opportunities for future brand affiliation from Choice and Wyndham, the property offers an attractive investment opportunity for an owner operator seeking to capitalize on both stable local demand and long term upside.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$58 USD /SF

# OF ROOMS

46

PRICE/ROOM

$43,478 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coratel Inn & Suites by Jasper River Falls

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,156 SF

ZONING

G2

APN/PARCEL ID

276-1057-60-000

ASK ABOUT THIS PROPERTY

Gregory TimmTimm & Associates, IncMore Info
952-932-9987

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Gregory TimmTimm & Associates, IncMore Info
952-932-9987

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