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Extended Stay Hotel investment opportunity in the vibrant and growing city of Northfield, MN. This 26 key extended-stay motel offers a range of flexible revenue streams with options for nightly, weekly, or monthly rentals. Capital Improvements within the past 5-7 years, include a new roof, siding, e...lectrical system, windows, water heater, and a resurfaced parking lot. Northfield is a charming community with a population of over 21,000 and steady annual growth of 0.4%. Northfield is home to St. Olaf College and Carleton College, along with significant employers like Northfield Hospital + Clinics, and Malt-O-Meal (Post Consumer Brands). The city's growing population, coupled with its strong employer base, ensures consistent demand for extended-stay accommodations.
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MLS#
6653353
Property Type
Other
Year Built
1950
Square Feet
9,051
sq. ft
Lot Size
2
Sewer
City Sewer
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