720 Highway 10 - Hospitality FOR SALE


Saint Cloud, MN 56304
$1,650,000 USD
320-828-0395
720 Highway 10, Saint Cloud, MN for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/73
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720 Highway 10
Saint Cloud, MN 56304


OVERVIEW

The Nights Inn has been under the same ownership over last 30 years and has operated very steadily over that time. There is ample room for increased revenue. The current owners have not utilized online booking or a website in the past. Traffic is expected to increase on U.S. 10 now that the major construction has been completed. There is also an excess of C-5 land in front of the property for potential future development. Reason for sale, is owner retirement. Thank you for looking.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$108 USD /SF

# OF ROOMS

27

PRICE/ROOM

$61,111 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nights Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

40

LAND DETAILS

LAND ACRES

4.96 AC

LAND SF

216,058 SF

ZONING

C5

APN/PARCEL ID

17.00057.00

ASK ABOUT THIS PROPERTY

Tanner NordlundParcel Real EstateMore Info
320-828-0395

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Tanner NordlundParcel Real EstateMore Info
320-828-0395

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