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INVESTMENT HIGHLIGHTS
- Listed at $9.5 million, representing 3.27x room revenue and 2.44x gross revenue
- Prime Fargo Location - Near major demand drivers, including NDSU, healthcare centers, and corporate offices
- Growing Market - Positioned to benefit from Fargo’s expanding healthcare, tech, and education sectors
- 3 Story - Interior Corridor Property
- 10,000+ Sq. Ft. of Meeting Space - Ideal for conferences, events, and group bookings
EXECUTIVE SUMMARY
Mountain West Commercial is pleased to present the fee simple interest in the Ramada by Wyndham in Fargo, North Dakota, offering a prime investment opportunity in the state’s largest and fastest-growing city. This 172-room property is strategically located near North Dakota State University, major healthcare facilities, and Fargo’s key business districts, positioning it well to capture demand from both business and leisure travelers.
The hotel features extensive meeting and event space, ideal for corporate events, conferences, and social gatherings, which bolsters its appeal to group bookings. Guests enjoy a range of amenities, including an on-site restaurant, fitness facilities, and ample parking, making it particularly attractive for extended stays and business travel.
Fargo’s economy continues to expand, driven by strong healthcare, technology, and retail sectors, creating a stable demand base for the hospitality industry. Recognized as one of the top small cities for business, Fargo’s ongoing growth enhances the Ramada’s revenue potential.
As part of the Wyndham brand, the property benefits from high brand recognition and access to Wyndham’s global distribution and loyalty program, further driving occupancy and positioning it for long-term success.
The hotel features extensive meeting and event space, ideal for corporate events, conferences, and social gatherings, which bolsters its appeal to group bookings. Guests enjoy a range of amenities, including an on-site restaurant, fitness facilities, and ample parking, making it particularly attractive for extended stays and business travel.
Fargo’s economy continues to expand, driven by strong healthcare, technology, and retail sectors, creating a stable demand base for the hospitality industry. Recognized as one of the top small cities for business, Fargo’s ongoing growth enhances the Ramada’s revenue potential.
As part of the Wyndham brand, the property benefits from high brand recognition and access to Wyndham’s global distribution and loyalty program, further driving occupancy and positioning it for long-term success.
PROPERTY FACTS
| Price | $9,500,000 | Building Size | 120,070 SF |
| Price Per Room | $55,233 | No. Rooms | 172 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1979/2011 |
| Property Subtype | Hotel | Parking Ratio | 3.13/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 5.40 AC | Opportunity Zone |
Yes
|
| Zoning | LC - Limited Commercial | ||
| Price | $9,500,000 |
| Price Per Room | $55,233 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.40 AC |
| Building Size | 120,070 SF |
| No. Rooms | 172 |
| No. Stories | 3 |
| Year Built/Renovated | 1979/2011 |
| Parking Ratio | 3.13/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | LC - Limited Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $177.00 | - |
| Guest Room | 163 | $150.00 | - |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 01-4021-00025-000 | Improvements Assessment | $2,064,500 |
| Land Assessment | $940,500 | Total Assessment | $3,005,000 |
PROPERTY TAXES
Parcel Number
01-4021-00025-000
Land Assessment
$940,500
Improvements Assessment
$2,064,500
Total Assessment
$3,005,000
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Ramada by Wyndham Fargo | 3333 13th Ave S
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