Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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Country Inn and Suites by Radisson | Forest Lake, Minnesota

Country Inn and Suites by Radisson

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Property Summary

Location 1954 West Broadway Ave, Forest Lake, MN, 55025

Price $4,995,000

Rooms 58

Price Per Key $86,121

Revenue $1,477,100 for 2019

The Property

Leines Hotel Advisors, Inc. is pleased to present on an exclusive basis the Country Inn and Suites by Radisson of Forest Lake, Minnesota.   This property is comprised of 58 rooms with all the standard amenities of the Country Inn and Suites by Radisson brand. It includes a pool, suites, and large breakfast area. Visibility of the hotel is excellent from all directions. It is within quick walking distance to sit-down restaurants, fast food restaurants and several retail services via connected parking lots.  Located close-by are fuel, pharmacy, grocery, banking, Home Depot, Menards, Walmart, automobile dealerships and more.

 

Forest Lake is the northern most city in Washington County. Washington County is part of the seven-county core of the Twin Cities MSA (pop. 3,084,000). The Minneapolis – St. Paul – Bloomington MN – WI Combined Statistical Area with sixteen counties has a population of over four million.  

Originally constructed in 1997 this property was remodeled in 2011 through 2013 and is undergoing a property improvement plan upgrade at this time.

  

The Location

The property is located on West Broadway Ave in Forest Lake. This is the main exit into Forest Lake off of Interstate 35. Interstate 35 is the main arterial north-south interstate servicing the Twin Cities MSA. The Country Inn & Suites is found on the south east quadrant of this exit.  

 Aerial View

 

Investment Highlights

  • $1.477M Revenue in 2019
  • 73% Occupancy in 2019
  • $94.66 ADR in 2019
  • 1.3 Acres
  • Located in the central retail section of Forest Lake

 

More Details

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

Confidentiality Agreement

For more information call or email Leines Hotel Advisors, Inc.

Call 952-405-9370 or Email Leines Hotel Advisors, Inc. 

 

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From Our Clients

"Ted Leines and Leines Hotel Advisors did an excellent job with the sale of our hotel. We had several difficult issues that could have derailed our sale of the property. Ted gave us the guidance we needed to make sound decisions. Ted found us a good buyer and kept the process moving forward and on track. Given these difficult economic times, and the tough lending environment we are in, we were very pleased with the outcome. We highly recommend Leines Hotel Advisors for the sale of your hotel."

- Richard Thompson - President - International Management Company

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