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4385 Clearwater Rd
Saint Cloud, MN 56301
AmericInn St. Cloud · Hospitality Property For Sale · 25,300 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.25 AC
Building Size 25,300 SF
No. Stories 2
Year Built/Renovated 1997/2013
Parking Ratio 1.8/1,000 SF
Corridor Interior
Zoning PUD14 - Planned Unit Development

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ABOUT 4385 CLEARWATER RD , SAINT CLOUD, MN 56301

Cushman & Wakefield has been exclusively retained to solicit offers to purchase the fee simple interest in AmericInn Lodge & Suites (“Property”), a 45 room, 2-story, limited service hotel located in St. Cloud, Minnesota. The hotel has excellent interstate visibility and ramping ADR, finishing 2018 at $91.32, more than a 13% increase since 2015. The hotel has been well maintained and has new granite vanities, breakfast area countertops and front desk, new automatic front door, guestroom carpet, mattresses, PTAC’s, breakfast area tile, exterior paint, pool area furniture, video security system and more. AmericInn St. Cloud is conveniently located 65 miles northwest of Minneapolis-St. Paul (Twin Cities) along Interstate 94 making it a regional transportation hub within Minnesota. St. Cloud serves as a regional commercial, health care, education, shopping, and government services hub for much of Central Minnesota. The hotel is proximate to the 3rd largest public university in Minnesota, St. Cloud State University, and St. Cloud’s largest employers including CentraCare Health System/St. Cloud Hospital. St. Cloud is a strong lodging market with tens-of-thousands of people visiting annually for shopping, a bustling nightlife, amazing arts, and the natural beauty and recreation you’d expect from a city located on the Mississippi River. AmericInn St. Cloud provides an excellent opportunity to acquire a well maintained and absentee-owned hospitality asset in a large college market with a diverse base of demand, excellent interstate visibility, numerous recent improvements, consistent performance and at a significant discount to replacement cost.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82.52264.0018
Land Assessment
$455,000
Improvements Assessment
$1,075,000
Total Assessment
$1,530,000
  • Listing ID: 16149331

  • Date on Market: 5/24/2019

  • Last Updated:

  • Address: 4385 Clearwater Rd, Saint Cloud, MN 56301

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