Super 8 by Wyndham Luverne I90 1202 S Kniss Ave 36 Room Hotel Luverne, MN 56156 $2,400,000 ($66,667/Room) 9% Cap Rate
EXECUTIVE SUMMARY
Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN) available for sale.
PROPERTY FACTS
| Price | $2,400,000 |
| Price Per Room | $66,667 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.28 AC |
| Building Size | 14,191 SF |
| No. Rooms | 36 |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2002 |
| Parking Ratio | 11.16/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 36 | $70.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $714,000 | |
| Land Assessment | $65,700 | Total Assessment | $779,700 |
