Loken Rushford Inn 201 State Road 16 20 Room Hotel Rushford, MN 55971 $1,490,000 ($74,500/Room)
EXECUTIVE SUMMARY
This property NOT ONLY INCLUDES MOTEL ROOMS, but also conference room, cafe area, retail area, and the possibilities are endless. The land could be expanded on as well.
Call lister to set up showings. All showings require preapproval before showings. Prefer 24 hour notice. All financials provided require signed confidentiality agreement. Prints for sale in the lobby are not included in the sale as they are the property of the artist.
Call lister to set up showings. All showings require preapproval before showings. Prefer 24 hour notice. All financials provided require signed confidentiality agreement. Prints for sale in the lobby are not included in the sale as they are the property of the artist.
PROPERTY FACTS
AMENITIES
- Business Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Fully-Equipped Kitchen
ABOUT 201 STATE ROAD 16 , RUSHFORD, MN 55971
The Rushford Inn is located right on the 60 mile bike/hike trail across Houston and Filmore counties. This is a newer property built in 2013 and has 20 units with queen beds and king bed units. They are unique with interior doors and exterior doors so guests can park right outside their doors. Modern lobby has an attached one room apartment for a live in manager. A meeting room is attached to the back of the building and is currently rented out to local businesses and organizations. The cafe in the back of the building, which faces the bike/hike trail, can be used as a cafe for the motel or leased out for extra income. This location gets rave reviews for cleanliness and friendliness.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 20 | $94.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 06.0108.050 | Improvements Assessment | $684,700 |
| Land Assessment | $34,700 | Total Assessment | $719,400 |
