2019 E Main St | Albert Lea, MN 56007
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- LoopNet Team
2019 E Main St
Albert Lea, MN 56007
Court Order Sale | Motel 6 Albert Lea · Hospitality Property For Sale
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24,652 SF
INVESTMENT HIGHLIGHTS
- Court Ordered Sale! Currently in Receivership: Motel 6 Albert Lea offers a 55-key motel that is part of the G6 Hospitality franchise.
- Value-add opportunity with upside via increasing revenues and profit margins by driving RevPAR growth and improving operational efficiencies.
- Great Owner Operator Opportunity.
- Conveniently located 1.5 hours from Minneapolis, MN, 2 hours Des Moines, IA, 2.5 hours from Sioux Falls, SD, and 3 hours from Cedar Rapids, IA.
- This property benefits from frontage along E Main Street and convenient proximity to the Interstates 35 and 90 corridors.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 24,652 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1984/2018 |
| Property Subtype | Hotel | Parking Ratio | 0.82/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.25 AC | Parcel Number | 34.245.0050 |
| Zoning | B-2 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 24,652 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1984/2018 |
| Parking Ratio | 0.82/1,000 SF |
| Corridor | Interior |
| Zoning | B-2 |
| Parcel Number | 34.245.0050 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
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