Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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P 952-405-9370
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Properties for Sale
Quality Inn Bemidji | Bemidji, Minnesota
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Property SummaryLocation 3500 Moberg Drive NW, Bemidji, MN, 56701 Price $2,295,000 Rooms 60 Price Per Key $38,250 Revenue $717K in 2022 |
Leines Hotel Advisors, Inc. is pleased to present on an exclusive basis the:
The Quality Inn of Bemidji, Minnesota
All visits to the property are arranged by appointment only.....no drive-bys or drop-in visits permitted.
The Property:
The Quality Inn of Bemidji Minnesota offers 60 guest rooms, indoor pool and hot tub, breakfast seating by the lobby, and an owner’s apartment. It is located immediately adjacent to the Bemidji regional airport. The property is accessed from the airport exit located on Highway 2, the major artery across northern Minnesota. 18,000+ cars pass daily (2018).
As of June 2023, the hotel owners are in the final stages of completing a renovation with three guest rooms and the 2nd floor hallway underway. The rendering for the front desk, lobby and breakfast area have been approved by Choice and are ready to go. The guest room renovations include fully brand compliant flooring, case goods, window treatments, wall finishes, bath vanities and bath flooring.
The Location:
Bemidji lies on the southwest shore of Lake Bemidji, the northernmost lake feeding the Mississippi River. Lake Bemidji State Park occupies the eastern and northeastern shore of Lake Bemidji. The city includes Bemidji State University and Northwest Technical College. It is the county seat of Beltrami County. Along with the colleges and government, Sanford Health is a major employer with over 2,000 employees in the area.
The Quality Inn Bemidji is the largest commercial area between Duluth, Minnesota and Grand Forks, North Dakota. It is located 226 miles north-northwest of the Twin Cities and 109 miles east of Grand Forks, North Dakota. Duluth, Minnesota is 153 miles east.
Delta Air Lines provides daily service to and from the Twin Cities.
Investment Highlights:
- Airport Hotel
- $716,913 Room Revenue in 2022
- 35.9% Occupancy
- $90.32 ADR
- $32.47 RevPar (STR)
- Managers Apartment
- Indoor Pool & Hot Tub
2022-2023 Renovation Highlights:
- New case goods
- Vinyl hardwood style floors in guest rooms
- Vinyl hardwood style floor - 1st floor hallway (Second floor in process-June 2023)
- New granite vanities
- New window treatments
- New artwork
- New hallway wallpaper
- Exterior newly painted
- Guest rooms painted
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.
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