149 Room Full Service Hotel

Grand Forks, ND (Grand Forks County)

149 Room Full Service Hotel

Asking Price:$5,500,000

Cash Flow:$450,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1990

149 Room Full Service Hotel

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Business Description

Hotel investment opportunity! The Howard Johnson Inn in Grand Forks is conveniently located off I-29 and Gateway Drive. This two-story lodging facility is comprised of 149 rooms with exercise room, guest lounge & bar, business center, water park with 110' slide, hot tub, game room, continental breakfast area, and meeting & banquet facilities. The guestrooms consist of king & queen suites with accessibility options and hot tub suites. The hotel features truck, bus and RV parking. The property consists of 98,532 sf on a 6.14 acre site. Located near Ralph Engelstad Arena and The University of North Dakota.

Located off I-29 and Gateway Drive in Grand Forks, ND.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
52
Facilities:
This two-story lodging facility is comprised of 149 rooms with water park and 110' slide, exercise room, guest lounge & bar, business center, hot tub, game room, continental breakfast area, and meeting & banquet facilities. The guestrooms consist of king & queen suites with accessibility options and hot tub suites. The hotel features truck, bus and RV parking. The property consists of 98,532 sf on a 6.14 acre site. Located off I-29 and Gateway Drive in Grand Forks, ND.
Competition:
Very strong and stable hotel market in Grand Forks.
Support & Training:
Seller will train new buyer if needed.
Reason for Selling:
Other investments

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Robert Klinger

Business Listed By:
Robert Klinger

Veracity Business Brokerage

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