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Four Seasons 1007 11th St E

31 Room Hotel Bottineau, ND 58318 $1,300,000 ($41,935/Room) 14% Cap Rate

Investment Highlights

  • There is a manager suite available on the property that includes an attached garage.

Executive Summary

North Dakota Investment with a 14% plus cap rate. Management and staff in place, turn-key operation. Property has been well maintained and complete financials for the business and property are available for a potential investor. The potential investor must show the financial capability of the investor and sign a confidentiality agreement.

Property Facts

Price $1,300,000
Price Per Room $41,935
Sale Type Investment
Cap Rate 14%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.03 AC
Building Size 7,776 SF
No. Rooms 31
No. Stories 2
Year Built 2000
Parking Ratio 3.86/1,000 SF
Corridor Interior

Amenities

  • Business Center

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 31 $88.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-0043-01282-000
Land Assessment
$27,900
Improvements Assessment
$355,200
Total Assessment
$383,100

zoning

Zoning Code B-2 LEGAL COMPLIANCE
B-2 LEGAL COMPLIANCE
  • Listing ID: 29830732

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 1007 11th St E, Bottineau, ND 58318

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