3420 S Broadway - Hospitality FOR SALE


Minot, ND 58701- Souris Valley
$3,900,000 USD
3420 S Broadway, Minot, ND for Sale
$3,900,000 USD
Hospitality - FOR SALE
1/30
null | 8.5% Cap Rate

3420 S Broadway
Minot, ND 58701
Souris Valley


HIGHLIGHTS

  • Buyer’s estimated PIP - $500K
  • Average 2 year Revenue $1,072,000
  • 2025 Projected Revenue 1.3 million - just signed Skywest contracts
  • 2 year average EBITDA $315,000

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$68 USD /SF

# OF ROOMS

102

PRICE/ROOM

$38,235 {currency}

CAP RATE

8.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonesta Essential & Suites Minot

PROPERTY TYPE

Hospitality

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

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