Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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SureStay by Best Western | Spicer, Minnesota

SureStay by Best Western

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Property Summary

Location 154 Lake Ave South, Spicer, MN, 56288

Price Auction February 23rd through 26th.

Rooms 31

Price Per Key TBD

Revenue $651,000 Revenue in 2025

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

SureStay by Best Western on Green Lake Minnesota.

  For registration requirements and regulations, please review here or contact
Audrey Hanna | 518-625-8581 | ahanna@crexi.com.

The SureStay by Best Western on Green Lake presents a compelling turnkey investment opportunity in one of Minnesota’s most desirable resort markets. This 31-room property has undergone a comprehensive renovation within the past 24 months, featuring premium finishes and modern amenities designed to maximize operational efficiency and guest satisfaction.

Key Investment Highlights:
  • Extensive Renovation: The hotel has been fully remodeled, including upgrades to guest rooms, common areas, and amenities. These improvements ensure minimal capital expenditure for new ownership and position the property for immediate revenue generation.
  • Turnkey Operation: All major systems and guest-facing spaces have been updated, allowing for seamless transition and rapid onboarding for investors.
  • Premium Amenities: The property features a Spanish-style tile roof, stucco exterior, indoor corridors, a large indoor pool and spa area, poolside rooms, suites, and a modern conference room. The lobby offers comfortable seating, a spacious front desk, and a premium breakfast bar serving hot breakfast daily.
  • Market Positioning: Located directly across Lake Ave from Green Lake—a renowned high-end summer and resort destination—the hotel benefits from strong seasonal demand and proximity to popular attractions. Zorbaz on the Lake, a well-known restaurant and beach bar, is situated just steps away, enhancing guest experience and driving occupancy.
  • Location Advantages:The hotel’s strategic location in Spicer, Minnesota, places it within easy reach of Minneapolis, St. Cloud, and Willmar, ensuring accessibility for both leisure and business travelers.The surrounding area is experiencing growth, with new developments such as the Tepetonka Golf Course slated to open nearby, expected to further boost local tourism and economic activity.

This property combines recent capital improvements, strong market fundamentals, and a prime location to deliver an attractive investment profile. The SureStay by Best Western of Spicer is positioned to capture high-value guests seeking resort amenities and proximity to Green Lake’s recreational offerings. With its turnkey status and proven appeal, the hotel offers immediate upside potential and long-term value for discerning investors. 

 
Tepetonka Golf Course:
The Tepetonka Golf Course, scheduled to open in summer 2026, will be Minnesota’s premier high-end golf destination, located just 12 minutes from the SureStay by Best Western of Spicer. This development is projected to contribute $5–6 million in additional annual revenue to the New London-Spicer area, directly benefiting the SureStay hotel.

 

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

"I wanted to thank you personally for sharing your knowledge of hospitality to the North Star Chapter of the Appraisal Institute. Your and Steve's presentation was nothing short of great. The feedback was unanimously positive. In fact, more than one person stated that it was one of the best seminars they have attended in quite some time."

- Dan Boris - President - North Star Chapter of the Appraisal Institute

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