424 20th S St | New Ulm, MN 56073
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424 20th S St
New Ulm, MN 56073
Southern Minnesota Microtel Inn & Suites · Hospitality Property For Sale
·
28,740 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 28,740 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | C | Year Built | 2001 |
| Lot Size | 0.85 AC | Corridor | Interior |
| Zoning | I2 | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 28,740 SF |
| No. Stories | 3 |
| Year Built | 2001 |
| Corridor | Interior |
| Zoning | I2 |
AMENITIES
- Pool
- Meeting Event Space
ABOUT 424 20TH S ST , NEW ULM, MN 56073
Located less than two hours from the Twin Cities, the Microtel Inn & Suites is an ideal opportunity for an investor looking to add a newly renovated property to their portfolio. Due to the recent renovations the property has benefited from positive revenue growth throughout 2019. The market benefits from stable demand generators in all market segments from industrial, educational, and manufacturing.
PROPERTY TAXES
| Parcel Number | 00100204607070 | Improvements Assessment | $1,026,700 |
| Land Assessment | $253,800 | Total Assessment | $1,280,500 |
PROPERTY TAXES
Parcel Number
00100204607070
Land Assessment
$253,800
Improvements Assessment
$1,026,700
Total Assessment
$1,280,500
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