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Investment Highlights

  • Historically Generates Over $3 Million in Annual Room Revenue with a Proven Operating History and Stable Market Presence
  • Long-Term Ground Lease with Renewal Options Provides Operational Stability and Long-Term Control of the Asset
  • 176-Room Hotel Built in 2003 Featuring an Indoor Water Park and Ample Meeting Space with Multiple Revenue Streams
  • Absentee Ownership with Third-Party Management Provides Meaningful Upside Through Hands-On Operations and Expense Optimization
  • Attractive Low Room Revenue Multiplier Creates a Compelling Entry Basis with Significant Long-Term Value Creation Potential

Executive Summary

Use the link in the OM & Flyer to get the auction & full property information.
Sleep Inn & Suites Conference Center and Water Park | 176 Rooms
Starting Bid: $1,500,000
Auction Event: August 24-26, 2026

Property Facts

Sale Type Investment
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 - Commercial

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 -
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
MI-35B55-000-001-0
Land Assessment
$296,000
Improvements Assessment
$2,069,000
Total Assessment
$2,365,000
  • Listing ID: 41208140

  • Date on Market: 7/8/2026

  • Last Updated:

  • Address: 2400 10th St SW, Minot, ND 58701

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