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Super 8 St Cloud 50 Park Ave S

66 Room Hotel Saint Cloud, MN 56301 $3,000,000 ($45,455/Room)

Investment Highlights

  • St. Cloud, MN is 1 hour from Minneapolis, MN
  • St. Cloud is a highly sought after market
  • Located off Highway 23, Division Street and MN Highway 15 in a high traffic area
  • Minimal PIP for incoming buyer

Executive Summary

Timm & Associates, Inc. has been exclusively selected to market the Super 8 of St. Cloud, MN. This hotel is easily accessible which makes the location of the property convenient for travelers. Strong demand generators include St. Cloud State University, Crossroads Center Mall, St. Cloud Technical College, St. Cloud Rivers Edge Civic Center, and CentraCare Hospital.
St. Cloud, the vibrant heart of central Minnesota, is the region’s largest city and a hub of opportunity and growth. Home to St. Cloud State University, the third-largest university in the state, the city offers a dynamic blend of education, culture, and business. With its strategic location at the crossroads of major highways—including Interstate 94, U.S. Highways 52 and 10, and State Highways 15 and 23—St. Cloud is easily accessible and well-positioned for both residents and visitors alike.

Property Facts

Price $3,000,000
Price Per Room $45,455
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.09 AC
Building Size 24,922 SF
No. Rooms 66
No. Stories 2
Year Built 1984
Tenancy Single
Parking Ratio 3.21/1,000 SF
Corridor Interior

Amenities

  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 66 $76.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82.50615.0000
Land Assessment
$331,000
Improvements Assessment
$1,037,900
Total Assessment
$1,368,900

zoning

Zoning Code C5
C5
  • Listing ID: 34097509

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 50 Park Ave S, Saint Cloud, MN 56301

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