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

The Quality Inn of Thief River Falls, Minnesota

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

 

The Quality Inn of Thief River Falls offers 75 guest rooms plus two additional rooms converted to an apartment. The Quality Inn features a large, enclosed atrium with a pool and spa. Pool-side rooms compliment this setting. The guest rooms, breakfast bar and seating area, lobby and hallways have all undergone renovations. Meeting and banquet spaces can accommodate 200. Mulligans Lounge (a restaurant and bar) is adjacent to the banquet rooms. Mulligans Louonge is operated by a third party under a lease agreement that will be assumed by the new owner. 

 

The Quality Inn is very close to major corporate and manufacturing companies. These include Digi-Key, the largest employer in the area. Digi-Key Corporation is one of the fastest-growing electronic component distributors in the world with annual sales of $3.2+ Billion. It ships more than 5.3+ million orders annually and has 4,500+ employees. Digi-Keys’ warehouse and distribution center is the 10^th largest center in the country and sits less than ½ mile from the hotel.

 

Close-by is Arctic Cat (Textron Inc). This company designs, engineers, manufactures, and markets snowmobiles and ATVs under the Arctic Cat brand name, as well as related parts, garments and accessories. Arctic Cat snowmobiles have been manufactured in Thief River Falls for 60 years. 

 

This property is located 294 miles northwest of Minneapolis MN and 91 miles northwest of Bemidji MN in beautiful Northern Minnesota. Thief River Falls is the economic center of upper northwestern Minnesota. It is the county seat for Pennington County and adjacent to Red Lake County with a combined population of 17,927 as of the 2020 census.

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• $2,044,666 Room Revenue in 2022
• 84% Occupancy
• $88.74 ADR
• $77.60 RevPar

• 2016 - New partial roof
• 2021 - E-Locks installed
• 2022 - Parking lot repaved
• 2022 - New heating/AC for restaurant
• 2022 - New hood & makeup air in kitchen
• 2014-15 - All new carpets throughout
• 2014-15 - New bath vanities throughout
• 2014-15 - Porcelain tile floors in all baths
• 2023 - Mini-split HVAC’s onsite for pool-side and interior guest rooms