Hotel 8 2454 College Way 31 Room Hotel Fergus Falls, MN 56537 $1,600,000 ($51,613/Room) 12.31% Cap Rate

Marcus & Millichap is proud to be the exclusive advisor and broker for the Hotel 8 Fergus Falls, a 31-room, two-story hotel built in 1977. This investment presents an
excellent opportunity for an owner-operator seeking a stabilized asset with potential for hands-on management and operational improvements.
Strategically positioned just off the Highway 210 exit from heavily traveled I-94, Super 8 Fergus Falls enjoys strong visibility and easy access to regional and long distance
travelers. The property is situated on the west side of Fergus Falls’ Central Business District, just two miles from the Fergus Falls Municipal Airport.
Fergus Falls (~13,100 residents) serves as the county seat of Otter Tail County (~57,300 residents) and is located along the Otter Tail River, less than 60 miles from the
Fargo/Moorhead MSA. As part of West Central Minnesota’s lakes region, the area attracts year-round tourism, business travelers, and outdoor enthusiasts visiting
destinations such as Fergus Falls, Alexandria, and Detroit Lakes. Additionally, Fergus Falls’ major employers, including Lake Region Hospital, Otter Tail Power Company,
Northern Contours, and Sara Lee Bakery Group, provide steady business travel demand.
Premier Location – Strategically positioned just off the Highway 210 exit from heavily traveled I-94, ensuring strong guest traffic.
Recently Extensively Renovated – Modernized accommodations and operational efficiency.
Manager’s Apartment On-Site – Ideal for owner-operators to maximize cost efficiencies and oversight.
Diverse Local Economy – Key industries in Fergus Falls include Manufacturing (14%), Retail Trade (12%), Health Care/Social Assistance (11%), and Construction
(10%), creating a strong foundation for local demand.