AmericInn Wyndham Hotels 521 N Willow Drive 521 Willow Dr 41 Room Hotel Long Lake, MN 55356 $2,750,000 ($67,073/Room)
EXECUTIVE SUMMARY
Located by the shores of lovely Long Lake and Lake Minnetonka. Completely remodeled in 2019. Recently new parking lot, and updated new roof.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $2,750,000 |
| Price Per Room | $67,073 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.97 AC |
| Building Size | 32,405 SF |
| No. Rooms | 41 |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.17/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Pool
- Indoor Pool
- Meeting Event Space
- Smoke Detector
ABOUT 521 WILLOW DR , LONG LAKE, MN 55356
41 Rooms. Featured amenities: Free Breakfast, Free WiFi,Free Parking, Mobile check-in, in-door pool, Meeting Rooms, Pet Friendly. Lot Size:0.97 acres approximately 38 off street parking spaces
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $119.00 | - |
| Guest Room | 29 | $104.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 33-118-23-14-0027 | Total Assessment | $1,519,000 (2023) |
| Land Assessment | $422,000 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,097,000 (2023) | Tax Year | 2024 |
