900 24th Ave SW | Minot, ND 58701
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- LoopNet Team
900 24th Ave SW
Minot, ND 58701
AmericInn by Wyndham Minot · Hospitality Property For Sale · 28,710 SF
Investment Highlights
- Midscale hotel unencumbered of management presenting investors the opportunity to implement more aggressive revenue and expense strategies.
- Excellent location within Minot submarket, within walking distance to Dakota Square Mall, restaurants, movie theater, and retail.
- This asset allows a new investor the ability to allocate capital toward strategic improvements, increasing their overall return and profitability.
- Minot acts as the Gateway to Bakken Formation, home to a mean estimate of 7.4 billion barrels of oil and 6.7 trillion cubic feet of natural gas.
- The price of crude oil has increased 53% year to date in 2021, suggesting potential increased demand for hotel rooms in the Minot market.
- Part of the Wyndham Hotel Group, the world's largest and most diverse hotel business with a global portfolio of more than 8,100 hotels in 79 countries
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2013 |
| Building Class | B | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 1.63 AC | Corridor | Interior |
| Building Size | 28,710 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 28,710 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1990/2013 |
| Parking Ratio | 2.44/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | MI-35159-000-004-1 | Improvements Assessment | $275,000 |
| Land Assessment | $297,000 | Total Assessment | $572,000 |
PROPERTY TAXES
Parcel Number
MI-35159-000-004-1
Land Assessment
$297,000
Improvements Assessment
$275,000
Total Assessment
$572,000
zoning
| Zoning Code | C2 (Commercial District) |
| C2 (Commercial District) |
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