2326 Highway 53 - Hospitality FOR SALE


International Falls, MN 56649
$1,300,000 USD
519-221-5838
2326 Highway 53, International Falls, MN for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/9
null | 11.92% Cap Rate

2326 Highway 53
International Falls, MN 56649


HIGHLIGHTS

  • Stable, branded hotel with reliable performance and solid occupancy.
  • All new door locks, TVs, refrigerators, and microwaves were installed in November 2024.
  • Walking distance to restaurants, shops, and the Rainy River.
  • Upside potential through higher average daily rates (ADR) and extended-stay business.

OVERVIEW

Opportunity to acquire a well-maintained, 51-room Americas Best Value Inn & Suites by Sonesta, located in the border city of International Falls, Minnesota, near the Canadian border and Voyageurs National Park. The property has experienced consistent revenue growth since 2023, driven by strong local and tourist demand sustained by year-round activities and cross-border travel. Recent upgrades completed in November 2024 include brand-new electronic door locks throughout the property, as well as new TVs, refrigerators, and microwaves in all guest rooms. These improvements enhance guest satisfaction, operational efficiency, and long-term asset value.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$42 USD /SF

# OF ROOMS

53

PRICE/ROOM

$24,528 {currency}

CAP RATE

11.92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

166

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,957 SF

ZONING

233

APN/PARCEL ID

92-105-00050,92-111-10100,92-111-10190,92-111-15010

ASK ABOUT THIS PROPERTY

Jay PatelAmericas Best Value Inn & SuitesMore Info
519-221-5838

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Jay PatelAmericas Best Value Inn & SuitesMore Info
519-221-5838

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