As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the American Inn & Suites Parkers Prairie (‘Hotel’ or ‘Property’) located in Parkers Prairie, Minnesota. The Independent hotel is offered at $959,000 or $29,061 per key. The American Inn & Suites Parkers Prairie is a two-story hotel with 33 rooms, located at 211 W Main Street in Parkers Prairie, Minnesota. The Hotel is accessible from S. Otter Avenue and maintains various common area amenities at the Property including a heated indoor pool, outdoor patio area, meeting room, and a breakfast area. As of July, the 12-month average RevPAR in the Minnesota Central Area Hotel Submarket increased by over 2.2 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market. Between year-end 2024 and the twelve months ending in July, the hotel experienced a notable 9.6 percent increase in room revenue. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow. Parkers Prairie, Minnesota is a growing community in Otter Tail County in west-central Minnesota, strategically located within the Fergus Falls Micropolitan Statistical Area and near the Alexandria Micropolitan hub. Positioned with convenient access south to I-94 via MN-29, the city benefits from strong connectivity across the county’s nationally recognized lakes region, a prime destination for outdoor recreation and seasonal tourism. Parkers Prairie serves as a cost-effective lodging option within a balanced regional economy anchored by healthcare, manufacturing, and government services. Nearby employment centers in Alexandria and Fergus Falls generate steady weekday demand through corporations such as Douglas Machine, Alexandria Industries, Otter Tail Power Company, and multiple healthcare systems, including Alomere Health, Lake Region Healthcare, and Astera Health. These sectors, along with regional higher education institutions, bring consistent visitation from professionals, technicians, patients, and families. Leisure travel is a major year-round driver, with hundreds of lakes within 30 minutes, attracting anglers, boaters, and water-sport enthusiasts in summer, and snowmobilers and ice-fishing visitors in winter. Lake Adley (0.2 miles), Lake Miltona (12.4 miles), and Inspiration Peak (14.5 miles) highlight the area’s natural appeal, while state parks and trail systems expand the seasonal tourism window. Regional venues like Arrowwood Resort & Conference Center and Bigwood Event Center add group, meeting, and tournament activity that supports weekend and overflow demand. BROKER OF RECORD Jon Ruzicka Minnesota P: (952) 852-9700 License #: MN: 40583288