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

SureStay by Best Western of Spicer, Minnesota.

The Property

The SureStay by Best Western of Spicer is an exciting 31-room hotel in a very high-end market. The property has been fully remodeled in the last 24 months with exceptional finishes to provide a turnkey operation for a buyer. The hotel features a Spanish style tile roof, stucco style exterior, indoor corridors, large indoor pool area, spa, poolside rooms, suites, and conference room. Details of the renovation are included in the offering memorandum. The lobby includes comfortable seating, a spacious front desk area and a premium breakfast bar. The indoor swimming pool features a spacious deck, vaulted ceiling, several poolside rooms, and balcony, all contributing to an exceptional guest experience

The SureStay by Best Western sits across Lake Ave from Green Lake, a very popular high-end summer and resort destination. Also across from the hotel is Zorbaz on the Lake, a popular restaurant and beach bar located directly on Green lake.

The Location 

Spicer Minnesota is located 94 miles west of Minneapolis, 53 miles southwest of St. Cloud (I-94) and 11 miles from Willmar, MN. Spicer is on Highway 23 that connects St. Cloud to Willmar, with the hotel located one block off of the highway. Driving to Spicer via I-94 to Hwy 23 from Minneapolis is 112 miles (about 1.75 hours).

Tepetonk High-End Golf Destination 

Slated to open in 2026 is the Tepetonka Golf Course. This will be Minnesota’s newest high-end golf destination and is only 12 minutes from the SureStay hotel. It is anticipated that this golf course will generate from $5 to $6 million of additional revenue into the New London-Spicer economy. A direct benefit to the SureStay by Best Western of Spicer. Find out more at this link: Tepetonka Golf Destination 

Capital Improvements

• New beds, tv’s, paint, some case goods, June 2022
• New dehumidifier for pool area 2022
• New carpet throughout finished in December 2023
• New guest laundry with four machines installed in 2023
• New conference room added in 2023
• New public restroom completed in February 2024
• Newly renovated pool area & furniture in February 2024
• Newly remodeled breakfast area – started serving hot breakfast in February 2024
• New commercial kitchen with commercial fridge/freezer for hot breakfast
• New water heater, circulation pump installed in July 2024

Investment Highlights

• $615K T-12 Room Rev thru Jan 2025
• 31-Rooms including 9 suites
• Major renovation completed in 2024
• Turnkey operation for new buyer
• Indoor pool & spa
• Poolside rooms command prime rate

Scan here for directions to the SureStay by Best Western of Spicer, MN. 

More Details

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For more information call or email Leines Hotel Advisors, Inc.

Call 952-405-9370 or Email Leines Hotel Advisors, Inc.