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- LoopNet Team
1202 36th St S
Fargo, ND 58103
Motel 6 Fargo North · Hospitality Property For Sale
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38,510 SF
INVESTMENT HIGHLIGHTS
- 96-Room, Interior Corridor, Economy Hotel
- Priced Significantly Below Replacement Cost at $25,990 per Key
- Operational Upside for Prospective Hands-On Owner-Operator Investor
- Less than Five Miles from Hector International Airport and Sanford Medical Center
- Absentee Owner
- Located Within an Opportunity Zone; See Agent for More Information
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1974/2012 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.12 AC | Parking Ratio | 3.3/1,000 SF |
| Building Size | 38,510 SF | Corridor | Interior |
| Zoning | LC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.12 AC |
| Building Size | 38,510 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2012 |
| Tenancy | Single |
| Parking Ratio | 3.3/1,000 SF |
| Corridor | Interior |
| Zoning | LC |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1202 36TH ST S , FARGO, ND 58103
Property Overview: The Motel 6 Fargo North is a 96-room, two-story, interior corridor hotel built in 1974. Well-equipped with numerous common area and guest room amenities, this limited-service economy hotel offers spacious guest rooms that come furnished with a work desk and flat-screen television with premium channels. Additionally, some splendid common area amenities the hotel has to offer consist of an indoor pool, self-service laundry facilities, and vending machines. Location Overview: Fargo, North Dakota is a city located in Cass County in the eastern region of the state, 60 miles east of Valley City and 80 miles south of Grand Forks. The Motel 6 Fargo North is superbly positioned on Interstate 29, between Main Avenue and 13th Avenue South. With the city's major employers and popular revenue generators near the property, this sought-after hotel benefits from many key industries of the city which include health care and social assistance, retail trade, and accommodation and food services. Titan Machinery and American Crystal Sugar, two of the city's largest employers located approximately four miles from the hotel, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Bobcat Company (3.7 miles) and John Deere Electronic Solutions (4.7 miles). Revenue generators in the area, like Avalon Events Center (1.2 miles) and Red River Zoo (2.2 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Plains Art Museum (3.3 miles) and North Dakota State University (3.8 miles). Jon Ruzicka Broker of Record License: ND 10032
PROPERTY TAXES
| Parcel Number | 01-1420-00190-000 | Improvements Assessment | $458,000 |
| Land Assessment | $300,000 | Total Assessment | $758,000 |
PROPERTY TAXES
