This Hotel & Motel Property is Off-Market.

1244 Canterbury Road
Shakopee, MN 55379 ·

175 Rooms · Hotel & Motel For Sale

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Canterbury Inn

Price N/A Property Use Type Investment
No. Rooms 175 Corridor Interior
Building Size 133,628 SF Lot Size 7.53 AC
Property Type Hotel & Motel APN / Parcel ID 271560020
Property Sub-type Full Service
Listing ID: 17596170 Date Created: 03/30/2012 Last Updated: 11/27/2013

Description

This 175 room full-service hotel is located immediately adjacent to Canterbury Park, a well-known horse racing, poker & casino gaming destination in the Twin Cities.

This 4 star rated three story-hotel, with a Price to Income ratio of 2x, includes the Arizona Steakhouse and Sports Lounge, large swimming pool, 2 whirlpools, saunas, workout room, banquet facilities, & 20,000 SF of office space. With Beverage and Lounge income exceeding $1,000,000 annually, and a 23% ADR increase since 2008, this hotel is a solid & stable hospitality asset with tremendous upside for new ownership.


Serious & qualified inquiries only. NDA required to release financial data.

Shakopee, Minnesota. Approximately 25 minutes from Minneapolis CBD.

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1244 Canterbury Road, Shakopee, MN 55379 (Scott County)

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