Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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Bison Plains Lodge | Moorhead, Minnesota

Bison Plains Lodge

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Property Summary

Location 3621 8th Street South, Moorhead, MN, 56560

Price $2,475,000

Rooms 60

Price Per Key $41,250

Revenue $765,000

 Leines Hotel Advisors, Inc.  is pleased to present on an exclusive basis the: 

Bison Plains Lodge of Moorhead, Minnesota

All visits to the property are arranged by appointment only.....no drive-bys or drop-in visits permitted.  

 
The Property: 

The Bison Plains Lodge of Moorhead Minnesota is a 60-unit hotel featuring fine amenities at competitive prices. This is a two-story property laid out in an attractive “L” configuration with the main entrance at the inside corner of the L. The front lobby is warmly decorated with a high vault ceiling looking up to the open second floor hallway. Clerestory windows provide plenty of light, so the space is bright and welcoming. The current owners began renovating rooms in 2021. As of January 2023 eleven have been completed and an additional three rooms are undergoing renovations. The remaining rooms are in exceptionally good condition and receive positive reviews from leisure, corporate and contractor guests alike. 

The hotel was built circa 1979 and a new roof was installed in the fall of 2019. The current owners have replaced 37 HVAC units since 2019. Many other capital improvements have been done as well. 

The Location: 

Moorhead Minnesota is part of the Fargo-Moorhead Metropolitan Area on the western border with North Dakota. The regional population exceeds 233,000 and has grown 34% since 2000. The hotel is conveniently located seven-tenths of a mile south of Interstate 94 (Exit 1A) on Highway 75 (8th Street South) near restaurants, fuel and other retail services. 

 

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Investment Highlights:

  • 60 Units
  • $765,391 Room Revenue for 2022
  • 63% Occupancy for 2022
  • $51.87 ADR for 2022
  • $34.88 RevPar for 2022

 

Property Highlights:

  • 11 Rooms fully remodeled
  • New roof - Fall of 2019
  • Fitness room with Infrared sauna
  • 37 New hvac's installed
  • 2 Story, no elevator
  • New guest washer & dryer
  • Tiled entryway to lobby
  • Large breakfast counter

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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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From Our Clients

"We chose Ted Leines to list our Motel. Immediately, we were very impressed by his level of expertise and professionalism. At every turn, during the transaction and closing, Ted's high integrity was evident. We will definitely be using Ted Leines and Leines Hotel Advisors, Inc for all of our future Real Estate needs."

- Don & Cheri Eaton - Owners - E & M Motels, Inc.

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