815-543-9448
, Albert Lea, MN for Sale
Hospitality - FOR SALE
1/26
null | Request Cap Rate

Court Order Sale | Dual-Branded Hotel
Albert Lea, MN


HIGHLIGHTS

  • Court Ordered Sale! Currently in Receivership: 2306 E Main S is a 46,090-square-foot building dual-branded by Econo Lodge and Quality Inn & Suites.
  • Great Owner Operator Opportunity! Value-add economy and midscale hotels are perfect for investors adding a well-located hotel to their portfolio.
  • Currently at 26% RevPAR Index of Comp Set – Opportunity for Growth!
  • Near the Albert Lea Municipal Airport, Northbridge Mall, Albert Lea City Arena, and the Myre-Big Island State Park.
  • Property’s monumental pylon signage and building signages are highly visible with frontage along Highway 65 near the Interstate 90 and 35 corridors.
  • Conveniently located 1.5 hours from Minneapolis, MN, 2 hours Des Moines, IA, 2.5 hours from Sioux Falls, SD, and 3 hours from Cedar Rapids, IA.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

330

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Court Order Sale | Dual-Branded Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

-

BUILDING CLASS

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YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott MillerCBRE, Inc.More Info
815-543-9448

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Scott MillerCBRE, Inc.More Info
815-543-9448

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