Contacts
SVN | Northco
Property Details
- Property Type Other
- Property Size 67,000 SF
- Units 92
- Lot Size 5.96 Acre
- Additional Rent Contact for pricing
- Year Built 1972
- Year Renovated 2023
- Date Updated Dec 11, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- 3.99x Revenue Multiplier; $43,424/key
- Turnkey Opportunity: Over $3M invested in improvements over the past couple of years
- Significant Upside on Revenue: Only a portion of the hotel rooms have been available to be rented since the hotel opened in March, 2023
- Low Supply in Market: Morris, MN's only full-service hotel offering 92 keys, including jacuzzi suites and kitchenettes
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Morris, MN
- Neighborhood Morris
- Zip Code 56267
Points of Interest
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Hancock Co-Op
8.62 miles
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North Lot
0.37 miles
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West Lot
0.50 miles
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East Lot
0.57 miles
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South Lot
0.65 miles
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Parking Lot, Dolven WMA
2.02 miles
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Parking Lot, Weiler WMA
3.49 miles
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Parking Lot, Klason WMA
3.69 miles
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Parking Lot, Benson WMA, West Unit
6.39 miles
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Parking Lot, Benson WMA, East Unit
7.12 miles
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Hotel 200
0.02 miles
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Grandstay Hotel & Suites
0.61 miles
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Morris Motel
1.38 miles
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City Center Mall
0.72 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
SVN | Northco