203-830-9218
, Fairmont, MN for Sale
Hospitality - FOR SALE
1/2
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Fairmont 2-Hotel Portfolio
Fairmont, MN


HIGHLIGHTS

  • Strategic location off Interstate 90
  • Diverse economy: agriculture & industry
  • Popular lakeside recreation year-round
  • Business-friendly with shovel-ready sites

OVERVIEW

The offering presents a compelling investment opportunity characterized by stable cash flows and multiple avenues for value creation. The Super 8 has consistently outperformed its competitive set, achieving a RevPAR penetration of 132% over the past three years. Its lean operating model results in strong and reliable cash flows in the low 20% range. Meanwhile, the Quality Inn presents a substantial upside opportunity, currently underpenetrating its comp set but demonstrating historical leadership in ADR. With strategic revenue and cost management, there is a clear path for performance improvement. Capital requirements are minimal, as the properties require only a low estimated PIP, allowing investors to focus on operational efficiency rather than major renovations. The Hotels also benefit from a favorable market dynamic, with no new supply in the pipeline and being among just six hotels in the entire city. Located in Fairmont, a hub for agricultural and industrial activity, the Hotels enjoy steady demand from government-related travel and inspector visits associated with food processing oversight. Additionally, the offering is unencumbered by a management agreement, providing flexibility for a buyer to implement a new operational strategy, franchise affiliation, or owner-operator model. The Properties will be conveyed as fee simple interests, further enhancing the attractiveness of this investment.

ASK ABOUT THIS PROPERTY

Lee KerfootHREC Investment AdvisorsMore Info
203-830-9218

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Lee KerfootHREC Investment AdvisorsMore Info
203-830-9218

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