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Sleep Inn & Suites Conference Center 2400 10th St SW 176 Room Hotel Minot, ND 58701 $8,975,000 ($50,994/Room) 10.70% Cap Rate
Executive Summary
Sleep Inn & Suites Minot Conference Center & Water Park for sale.
Visit Marcus & Millichap website for more information and deal room.
Visit Marcus & Millichap website for more information and deal room.
Property Facts
| Price | $8,975,000 | Lot Size | 1.70 AC |
| Price Per Room | $50,994 | Building Size | 272,873 SF |
| Sale Type | Investment | No. Rooms | 176 |
| Cap Rate | 10.70% | No. Stories | 4 |
| Sale Condition | Ground Lease (Leasehold) | Year Built/Renovated | 2002/2007 |
| Property Type | Hospitality | Parking Ratio | 0.69/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | ||
| Zoning | C4 | ||
| Price | $8,975,000 |
| Price Per Room | $50,994 |
| Sale Type | Investment |
| Cap Rate | 10.70% |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.70 AC |
| Building Size | 272,873 SF |
| No. Rooms | 176 |
| No. Stories | 4 |
| Year Built/Renovated | 2002/2007 |
| Parking Ratio | 0.69/1,000 SF |
| Corridor | Interior |
| Zoning | C4 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Waterpark
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 56 | $109.00 | - |
| Guest Room | 120 | $102.00 | - |
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Property Taxes
| Parcel Number | MI-35B55-000-001-0 | Improvements Assessment | $2,148,500 |
| Land Assessment | $296,000 | Total Assessment | $2,444,500 |
Property Taxes
Parcel Number
MI-35B55-000-001-0
Land Assessment
$296,000
Improvements Assessment
$2,148,500
Total Assessment
$2,444,500
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Sleep Inn & Suites Conference Center | 2400 10th St SW
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