Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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Travelodge by Wyndham | Redwood Falls, Minnesota

Travelodge by Wyndham

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Property Summary

Location 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.
 
 
 
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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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