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29579 Sportsman Dr
Chisago City, MN 55013
Comfort Inn & Suites Chisago City · Hospitality Property For Sale · 37,062 SF
INVESTMENT HIGHLIGHTS
- 2012 Build / 51 Rooms
- Originally Built with 14x Suite Style Guestrooms
- Consistent Demand Generators and Stable Revenue
- Limited Service Extended Metro Area Hotel - 45 minutes from MSP
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2011/2017 |
| Building Class | C | Parking Ratio | 2.5/1,000 SF |
| Lot Size | 2.15 AC | Corridor | Interior |
| Building Size | 37,062 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.15 AC |
| Building Size | 37,062 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2011/2017 |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ABOUT 29579 SPORTSMAN DR , CHISAGO CITY, MN 55013
Marcus & Millichap is proud to be the Exclusive Representative for the sale of the Comfort Inn and Suites Chisago City. Positioned less than 40 miles from the MSP metro the hotel greatly benefits with its visibility off of Highway 8. This Comfort Inn and Suites is the ONLY Choice product in a 25-mile radius from its location and one of three in a 50-mile radius. It also is only one of two hotels in Chisago City. The property gains demand from the numerous surrounding lakes bringing tourists from all around the Midwest. Additionally, the hotel is only 1.4 miles from the Winehaven Winery bringing guests and wedding parties often. This limited-service 3 story, 51 room property was built in 2012 originally as a GrandStay. Guests can enjoy the extended-stay suite style rooms. There are 14 extended-stay suites in the hotel. The property is priced at a 2.8 Room Revenue Multiplier and offers investors an opportunity to acquire a fully stabilized, limited-service asset, in the extended metro area. The Comfort Inn and Suites Chisago City is located just off Highway 8 that sees over 20,000 cars a day. It is the complete market leader and benefits from the local demand there with a healthy mix of leisure and business travelers. Main employers in Chisago County are Plastics Products with almost 1,000 employees, Premier Marine, LEI Packaging, and Rosenbauer Minnesota LLC. The city also draws visitors in for the dense amount of lakes, national parks, and the Winehaven Winery Vineyard. The property features 51 guestrooms with a heated indoor pool, whirlpool, 14 extended-stay suites, and business center for guests. Each guestroom is equipped with a microwave, refrigerator, flat screen TV with premium channels, and coffee maker. The property also offers high-speed WiFi, complimentary hot breakfast, and 1 meeting room.
PROPERTY TAXES
| Parcel Number | 13-00042-12 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,700,900 |
PROPERTY TAXES
ZONING
| Zoning Code | C |
| C |
