1020 E 1st St | Park Rapids, MN 56470
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1020 E 1st St
Park Rapids, MN 56470
Super 8 of Park Rapids, MN · Hospitality Property For Sale
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28,255 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 28,255 SF |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built | 1978 |
| Lot Size | 1.95 AC | Corridor | Interior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 1.95 AC |
| Building Size | 28,255 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 1020 E 1ST ST , PARK RAPIDS, MN 56470
The Super 8 of Park Rapids, MN is an excellent opportunity to acquire a hotel that is showing steady revenue growth year after year. The hotel has completed many recent interior renovations and is priced well below replacement cost. Park Rapids is located in northwestern Minnesota neighbors Itasca State Park. Demand generators include CHI Joseph's Health, Walmart, Heartland State Trail, and Lamb Weston/RDO.
PROPERTY TAXES
| Parcel Number | 32.25.00300 | Improvements Assessment | $1,254,400 |
| Land Assessment | $220,100 | Total Assessment | $1,474,500 |
PROPERTY TAXES
Parcel Number
32.25.00300
Land Assessment
$220,100
Improvements Assessment
$1,254,400
Total Assessment
$1,474,500
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