Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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Budget Host Caribou Inn | Hallock, Minnesota

Budget Host Caribou Inn

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Property Summary

Location 203 East Broadway Street, Hallock, MN, 56728

Price $885,000

Rooms 25

Price Per Key $35,400

Revenue $354K in 2022

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

The Budget Host Caribou Inn of Hallock, Minnesota

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

The Budget Host Caribou Inn of Hallock Minnesota is a clean and well maintained 25-unit hotel in northwest Minnesota. Hallock is the county seat for Kittson County, a very agriculture-oriented county along the Minnesota - Canada border. The hotel features a manager’s apartment, roomy lobby and comfortable breakfast area. Because of the rural nature of this community and the long driving distances to major hotel clusters, guests frequent the Budget Host as a convenient, clean and comfortable lodging option. Repeat customers are the rule. Guest rooms feature all the standard amenities for a Budget Host brand. 

 

Minnesota Highway 75 (north-south) and Highway 175 (east-west) are the major throughfares in Hallock. The Pembina-Emerson Border Crossing into Canada is 24 miles north on Highway 75. Interstate 29 is 14 miles west on Highway 175.

 
 
Investment Highlights:
  • 25-Guest rooms
  • Owners’ apartment
  • Expansive lobby area
  • Breakfast bar
  • $354,870 Revenue in 2022
  • 50.5% Occupancy in 2022
  • $38.89 RevPar in 2022
  • Excellent owner/operator opportunity

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

"Ted Leines and Leines Hotel Advisors did an excellent job with the sale of our hotel. We had several difficult issues that could have derailed our sale of the property. Ted gave us the guidance we needed to make sound decisions. Ted found us a good buyer and kept the process moving forward and on track. Given these difficult economic times, and the tough lending environment we are in, we were very pleased with the outcome. We highly recommend Leines Hotel Advisors for the sale of your hotel."

- Richard Thompson - President - International Management Company

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