Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Fairmont, 2 Pack - Quality Inn & Super 8 2 Hospitality Properties in Fairmont, MN

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strategic location off Interstate 90
  • Popular lakeside recreation year-round
  • Diverse economy: agriculture & industry
  • Business-friendly with shovel-ready sites

EXECUTIVE SUMMARY

The offering presents a compelling investment opportunity characterized by stable cash flows and multiple avenues for value creation. The Super 8 has consistently outperformed its competitive set, achieving a RevPAR penetration of 132% over the past three years. Its lean operating model results in strong and reliable cash flows in the low 20% range. Meanwhile, the Quality Inn presents a substantial upside opportunity, currently underpenetrating its comp set but demonstrating historical leadership in ADR. With strategic revenue and cost management, there is a clear path for performance improvement. Capital requirements are minimal, as the properties require only a low estimated PIP, allowing investors to focus on operational efficiency rather than major renovations. The Hotels also benefit from a favorable market dynamic, with no new supply in the pipeline and being among just six hotels in the entire city. Located in Fairmont, a hub for agricultural and industrial activity, the Hotels enjoy steady demand from government-related travel and inspector visits associated with food processing oversight. Additionally, the offering is unencumbered by a management agreement, providing flexibility for a buyer to implement a new operational strategy, franchise affiliation, or owner-operator model. The Properties will be conveyed as fee simple interests, further enhancing the attractiveness of this investment.

PROPERTY FACTS

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 35,626 SF
Total Land Area 2.51 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Quality Inn Fairmont
2225 N State St, Fairmont, MN 56031
Hospitality 19,518 SF 1995 -
Super 8 by Wyndham Fairmont
1200 Torgerson Dr, Fairmont, MN 56031
Hospitality 16,108 SF 1982 -
Show More > < Show Less
  • Listing ID: 36148263

  • Date on Market: 6/6/2025

  • Last Updated:

  • Address: Fairmont, 2 Pack - Quality Inn & Super 8, Fairmont, MN

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}