414 37th Ave SW - Hospitality FOR SALE


Minot, ND 58701- Souris Valley
$4,500,000 USD
801-736-2617
414 37th Ave SW, Minot, ND for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

414 37th Ave SW
Minot, ND 58701
Souris Valley


HIGHLIGHTS

  • Ideal Property for Opportunistic Owner Operator
  • Four Stories - Interior Corridor Hotel
  • Excellent Location with Close Proximity to Several Restaurants and Convenient Highway Access
  • Minot acts as the Gateway to Bakken Formation, Home to a Mean Estimate of 7.4 Billion Barrels of Oil

OVERVIEW

The Microtel in Minot, North Dakota offers an exceptional investment opportunity with its strategic location in a regional hub for northwestern North Dakota. Positioned close to Minot Air Force Base, Minot State University, and key business districts, the property benefits from a steady flow of demand. Nearby attractions—including the Minot Air Force Base, major healthcare facilities, and the North Dakota State Fairgrounds, which hosts events year-round—contribute to a stable occupancy base. Designed for operational efficiency, this Microtel by Wyndham maximizes profitability while maintaining high-quality accommodations that appeal to a wide range of guests, including military personnel, business visitors, and leisure travelers. As part of the Wyndham brand, the hotel benefits from global brand recognition and access to Wyndham’s distribution and loyalty programs, enhancing visibility and guest retention. Priced competitively, the property represents a strong value proposition for investors looking to enter or expand within the growing Minot market.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$53 USD /SF

# OF ROOMS

94

PRICE/ROOM

$47,872 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Microtel Inn & Suites by Wyndham Minot

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2012

PARKING SPACES

123

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,701 SF

ZONING

-

APN/PARCEL ID

MI-35D05-000-001-0

ASK ABOUT THIS PROPERTY

Wesley ChristensenMountain West CommercialMore Info
801-736-2617

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Wesley ChristensenMountain West CommercialMore Info
801-736-2617

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