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Coratel Inn & Suites by Jasper River Falls 1207 Saint Croix St 46 Room Hotel River Falls, WI 54022 $2,000,000 ($43,478/Room)
Investment Highlights
- Strong Location – Approximately 1 mile from the University of Wisconsin River Falls, a key and consistent demand driver for the market
- Twin Cities Access – Located just 30 miles from Minneapolis St. Paul, benefiting from proximity to a major metro area
- Brand Conversion Upside – Potential opportunity to reposition the asset through a conversion from a Choice or Wyndham brand
Executive Summary
Timm and Associates, Inc. has been exclusively retained to represent the ownership in the sale of the Coratel Inn & Suites by Jasper in River Falls, Wisconsin is a 47 room hotel located just minutes from the University of Wisconsin River Falls and approximately 30 miles from the Minneapolis St. Paul metro area. The hotel benefits from consistent demand generated by the university, River Falls Area Hospital, and a diverse base of regional employers and manufacturers. With strong proximity to the Twin Cities and potential opportunities for future brand affiliation from Choice and Wyndham, the property offers an attractive investment opportunity for an owner operator seeking to capitalize on both stable local demand and long term upside.
Property Facts
| Price | $2,000,000 | Building Size | 34,726 SF |
| Price Per Room | $43,478 | No. Rooms | 46 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1991/2004 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.56/1,000 SF |
| Lot Size | 1.91 AC | Corridor | Interior |
| Zoning | G2 | ||
| Price | $2,000,000 |
| Price Per Room | $43,478 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.91 AC |
| Building Size | 34,726 SF |
| No. Rooms | 46 |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2004 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Interior |
| Zoning | G2 |
Amenities
- Business Center
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 46 | $80.00 | - |
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Property Taxes
| Parcel Number | 276-1057-60-000 | Improvements Assessment | $972,200 |
| Land Assessment | $176,500 | Total Assessment | $1,148,700 |
Property Taxes
Parcel Number
276-1057-60-000
Land Assessment
$176,500
Improvements Assessment
$972,200
Total Assessment
$1,148,700
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Coratel Inn & Suites by Jasper River Falls | 1207 Saint Croix St
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