7836 Fairview Rd | Baxter, MN 56425
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7836 Fairview Rd
Baxter, MN 56425
AmericInn by Wyndham Baxter Brainerd · Hospitality Property For Sale
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23,928 SF
INVESTMENT HIGHLIGHTS
- 58 Room Hotel | Top 5 Leisure Market for MN | 2017 Renovation
- Priced @ 2.92x T12 2022 RRM| $62k Per Room | 13.64% Cap T12 2022
- $1.25mil Revenue | 13.64% Cap Rate INCLUDING 7% Mgmt/Reserves
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2017 |
| Building Class | B | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 2.02 AC | Corridor | Interior |
| Building Size | 23,928 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.02 AC |
| Building Size | 23,928 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2017 |
| Parking Ratio | 2.67/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 010082100C00889 | Improvements Assessment | $803,000 |
| Land Assessment | $815,900 | Total Assessment | $1,618,900 |
PROPERTY TAXES
Parcel Number
010082100C00889
Land Assessment
$815,900
Improvements Assessment
$803,000
Total Assessment
$1,618,900
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