3420 S Broadway - Hospitality FOR SALE


Minot, ND 58701- Souris Valley
$4,400,000 USD
605-389-4435
3420 S Broadway, Minot, ND for Sale
$4,400,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

3420 S Broadway
Minot, ND 58701
Souris Valley


OVERVIEW

Discover an exceptional investment opportunity with the Sonesta Essential Minot, a well-maintained, limited-service hotel in the heart of Minot, North Dakota. Strategically located at 3420 S Broadway, this AAA 3-Diamond-rated property offers 102 guest rooms, a range of modern amenities, and strong revenue potential in a high-traffic area. Property Highlights: Opportunity to rebrand to Fairfield Inn, IHG Garner or Four Points. • 102 well-appointed rooms featuring premium bedding, flat-screen TVs with streaming capabilities, and complimentary Wi-Fi. • Prime location just 4 miles from Minot International Airport, providing easy access for travelers. • Convenient proximity to major attractions including Dakota Square Mall, Roosevelt Park Zoo, and Magic City Discovery Center. • Complimentary hot breakfast offered daily, enhancing guest satisfaction and value. • Indoor heated pool & hot tub, along with a 24-hour fitness center, catering to leisure and business travelers. • Business amenities, including a 24-hour business center and flexible meeting spaces for corporate events and gatherings. • Free on-site parking. • On-site laundry facilities for added guest convenience. • Cozy, inviting lobby with a fireplace and complimentary coffee & tea service. Investment Potential: • Operating under the Sonesta Essential brand, benefiting from strong brand recognition and nationwide marketing support. • Located in a thriving market with strong tourism, business travel, and local event demand. • Turnkey operation with a well-established customer base and excellent online reviews. This is a rare opportunity to acquire a profitable, limited-service hotel in a growing market. Whether you’re expanding your hospitality portfolio or entering the industry, Sonesta Essential Minot is a high-value asset with excellent long-term potential. For more information or to schedule a private tour, contact us today!

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$77 USD /SF

# OF ROOMS

102

PRICE/ROOM

$43,137 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonesta Essential & Suites Minot

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2012

PARKING SPACES

111

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

C2 - General Commercial

APN/PARCEL ID

MI-35288-253-005-0

ASK ABOUT THIS PROPERTY

Zubair KhanPak Hotels GroupMore Info
605-389-4435

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Zubair KhanPak Hotels GroupMore Info
605-389-4435

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