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150 Saint John Dr
Owatonna, MN 55060
Quality Inn Owatonna Near Medical Center · Hospitality Property For Sale
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52,600 SF
Investment Highlights
- 62 rooms, 3 stories, built in 2000
- Revenue continues to ramp up quickly following the renovation / January 2022 was up 30% over January 2021
- Historically, the property has been severely mismanaged
- Fully renovated in 2020/2021 – turnkey investment opportunity
- TTM room revenue up over $600k
- Excellent opportunity for owner-operator with manager’s apartment on site
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2021 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 1.51 AC | Corridor | Interior |
| Building Size | 52,600 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 52,600 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2021 |
| Parking Ratio | 1.24/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 17-338-0208 | Improvements Assessment | $1,054,200 |
| Land Assessment | $262,700 | Total Assessment | $1,316,900 |
Property Taxes
Parcel Number
17-338-0208
Land Assessment
$262,700
Improvements Assessment
$1,054,200
Total Assessment
$1,316,900
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