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AmericInn Motel & Suites | Grafton, North Dakota

AmericInn Motel & Suites

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Property Summary

Location 1015 12th St West, Grafton, ND, 58237

Price $2,275,000

Rooms 41

Price Per Key $55,489

Revenue $755K Room Revenue YE 2018

Eastern North Dakota is not about oil. Its about manufacturing, health care, education and corporations. 

 The Property

The AmericInn Motel & Suites of Grafton is a beautiful fully renovated property with consistently high revenue and strong appeal as the best property in the region. The attractive hotel has 41 units including several suites, whirlpool rooms and a variety of singles and doubles. It features a two-story lobby with a grand staircase, seating area and fireplace. A separate breakfast area and lounge alongside the lobby adds to the spacious and welcoming atmosphere of this hotel. The design theme includes stone and wood surfaces, warm color carpets and wall treatments, comfortable sitting areas and quiet rooms. The indoor pool and spa are located adjacent to the lobby and feature a high, vaulted wood ceiling. The AmericInn of Grafton was built in 1997 and received a new roof in 2009, and was fully renovated in 2012-2013.

 

The Exceptional Attraction

An exceptional attraction to the hotel is a lounge that serves beer and wine, several food items and appetizers. This highly attractive amenity draws customers from far and wide, creates customer loyalty, and raises room rates. 

 

The Location

Grafton is located in northeastern North Dakota, 11 miles from Interstate 29 in the heart of the famed Red River Valley. Agriculture has long contributed to Grafton’s stable economy. In recent years, the sustained economic impact of the oil-rich Bakken on all of North Dakota has continued to create business growth across the state and region. Grafton is home to 250 businesses and manufacturing plays a significant role. The community has exceptional K-12 public schools, excellent medical services, year-round recreation and a low cost of living.  Grafton is just 40 miles north of Grand Forks (North Dakota’s third largest city), home to the University of North Dakota. This property benefits from its proximity to Grand Forks, the excellent North Dakota business climate, and the regional manufacturing presence of Marvin Windows (located next door).

 
 

Aerial view:

Interactive aerial
 

Investment highlights:

  • $809K Total Revenue for 2018.
  • Revenue stable last three years. 
  • $19,749 Revenue per room in 2018. 
  • Features a lounge with beer, wine and select food items.
  • Indoor pool. 
  • Several suites. 

 

Resource links: 

Community information (Wikipedia)

City of Grafton official website

Demographics (City-Data)

More Details

To request more investment details for this listing, please fill out our "Confidentiality Agreement" by clicking on the button below:

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Contact Leines Hotel Advisors, Inc.

Ted Leines
952-405-9370
Email Ted Leines

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From Our Clients

"Ted,
I just wanted to thank you for your work selling our Chisholm hotel. Selling a hotel in the middle of a serious downturn on the Range took hard work and real professionalism. You came through in all areas and it is much appreciated."

- David Weber - Owner/Partner - Chisholm Inn & Suites, Chisholm Minnesota

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