Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
Email Us
P 952-405-9370
Click Here to download our brochure.
Properties for Sale
Travelodge by Wyndham | Redwood Falls, Minnesota
|
Property SummaryLocation 1305 East Bridge Street, Redwood Falls, MN, 56283 Price $795,000 Rooms 34 Price Per Key $23,382 Revenue $280K in 2021 |
Leines Hotel Advisors, Inc. is pleased to present on an exclusive basis the:
Travelodge by Wyndham Redwood Falls, Minnesota
All visits to the property are arranged by appointment only.....no drive-bys or drop-in visits permitted.
The Travelodge by Wyndham of Redwood Falls offers an excellent opportunity for a new owner/operator. Featuring 34 rooms, 22 have been upgraded with finer furniture styles, 12 have been devoted to the contractor segment. A new roof was installed in 2020 and a new commercial dryer will arrive soon. The Travelodge has a manager's apartment and it is accessible from the front desk.
Property Highlights:
- 34 Rooms
- Managers apartment
- $280,594 Revenue in 2021
- 39% Occupancy in 2021
- $62.99 ADR for 2021
- Modern Keyfob accessible door locks
- New roof in 2020
- 22 upgraded rooms with various furniture styles
- 12 rooms maintained for contractor business
- 2 Hours from downtown Minneapolis (115 miles)
- Market area of 17,000 residents
- Fully sprinklered
Redwood Falls is located two hours (115 miles) west of Minneapolis. As the County seat of Redwood County, the City serves as a sub-regional economic hub for a market area of approximately 17,000 residents within Redwood and Renville Counties. Manufacturing, healthcare, and agricultural services are the primary business drivers.
Scan for directions
More Details
To request more investment details for this listing, please fill out our "Confidentiality Agreement" by clicking on the button below:
For more information call or email Leines Hotel Advisors, Inc.
Call 952-405-9370 or Email Leines Hotel Advisors, Inc.
Social Media