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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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2013 |
| Building Class | B | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 2.25 AC | Corridor | Interior |
| Building Size | 25,300 SF | ||
| Zoning | PUD14 - Planned Unit Development | ||
| 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.
LINKS
PROPERTY TAXES
| Parcel Number | 82.52264.0018 | Improvements Assessment | $1,075,000 |
| Land Assessment | $455,000 | Total Assessment | $1,530,000 |
PROPERTY TAXES
Listing ID: 16149331
Date on Market: 5/24/2019
Last Updated:
Address: 4385 Clearwater Rd, Saint Cloud, MN 56301
The Hospitality Property at 4385 Clearwater Rd, Saint Cloud, MN 56301 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
