900 N 43rd St - Hospitality FOR SALE


Grand Forks, ND 58203
$1,850,000 USD
701-772-8106
900 N 43rd St, Grand Forks, ND for Sale
$1,850,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

900 N 43rd St
Grand Forks, ND 58203


HIGHLIGHTS

  • Multiple Choice Hotels Gold Award recipient
  • Comprehensive renovation completed in 2015
  • Additional land available for overflow parking or future development
  • Strong visibility and convenient access to major Grand Forks destinations

OVERVIEW

The Econo Lodge of Grand Forks is a 45-key limited-service hotel and a multiple Choice Hotels Gold Award recipient. Renovated in 2015, the property features updated guest rooms, new FF&E, plumbing improvements, and hardwood flooring throughout. The hotel offers 34 double queen rooms, 5 king rooms, and 6 suites on a 1.79-acre site with additional land for overflow parking or future development. Ideally located near the University of North Dakota, Ralph Engelstad Arena, Alerus Center, and Grand Forks International Airport, the property is well positioned to serve business, leisure, and event-driven travel.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$96 USD /SF

# OF ROOMS

45

PRICE/ROOM

$41,111 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Grand Forks

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

B1

APN/PARCEL ID

44111500005003

ASK ABOUT THIS PROPERTY

Eric MuusOxford RealtyMore Info
701-772-8106

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

Eric MuusOxford RealtyMore Info
701-772-8106

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