312-624-7026
2400 10th St SW
Minot, ND 58701
Souris Valley
HIGHLIGHTS
- Historically Generates Over $3 Million in Annual Room Revenue with a Proven Operating History and Stable Market Presence
- Absentee Ownership with Third-Party Management Provides Meaningful Upside Through Hands-On Operations and Expense Optimization
- Long-Term Ground Lease with Renewal Options Provides Operational Stability and Long-Term Control of the Asset
- Attractive Low Room Revenue Multiplier Creates a Compelling Entry Basis with Significant Long-Term Value Creation Potential
- 176-Room Hotel Built in 2003 Featuring an Indoor Water Park and Ample Meeting Space with Multiple Revenue Streams
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Auction -Sleep Inn & Suites Conference Center
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2002
PARKING SPACES
188
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,052 SF
ZONING
C4
APN/PARCEL ID
MI-35B55-000-001-0
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312-624-7026
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312-624-7026
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