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1915 Highway 59 SThief River Falls, MN 56701
Americas Best Value Inn & Suites
Asset ClassHotel & Hospitality
Deal Size$1.1 M
# Keys: 44Year Built: 1974Year Renovated: 2005Access Data Room
overview of deal

Overview

Situated in the charming town of Thief Rivers Falls, MN, the Americas Best Value Inn & Suites is a well-established economy hotel operating under the Sonesta International Hotels Corp franchise since June 1974. The Americas Best Value Inn & Suites - Thief River Falls, MN offers 44 rooms on a 3.30-acre lot with a total building area of 21,175 square feet. The hotel, renovated in 2005, features high-speed internet, a business center, a pool, and 350 square feet of meeting space. With ample parking across 86 surface spaces and commercial zoning, this property captures the essence of convenience and accessibility.

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Investment Highlights

  • 44 units, single story, interior corridor
  • Priced at $25,000/key
  • 2024 room revenue: $846,019.13
  • 2023 room revenue: $1,135,433.64
  • Motivated seller bring all offers
  • Financing in place for qualified buyers
  • Heavily discounted franchise fees - can be transferred to new owner with zero to minimal PIPs
  • Absentee managed
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1915 Highway 59 SThief River Falls, MN 56701

Sales Team

Jigar "Jay" DesaiSenior Vice President

License #: AZ SA675144000

(520) 664-4091jigar.desai@newgenadv.com
Ryan O'NeillDesignated Broker

License #: MN #20396644

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