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Hotel-Motel

Baymont By Wyndham Grand Forks

951 S 42nd St, Grand Forks, ND 58201

Listing Price: $7,400,000

Number of Rooms
91
RevPAR
$69
Price/Room
$81,319
RRM
3.25
Year Built
2015

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont by Wyndham Grand Forks (‘Hotel’ or ‘Property’) located in Grand Forks, North Dakota. The Wyndham Hotels & Resorts-branded Hotel is offered at $7,400,000 or $81,319 per key.

The Baymont by Wyndham Grand Forks is a 91-room, four-story Hotel stationed at 951 S 42nd Street in Grand Forks, North Dakota, near Interstate 29. Various common area amenities at the Property include an on-site restaurant, indoor pool, fitness center, guest laundry facility, business center, as well as ample parking for buses, trucks, and recreational vehicles. The Hotel has been recognized for its excellence for the seventh year in a row, earning the esteemed “Best of” Baymont by Wyndham award. This distinction marks a Baymont hotel that maintains compliance with mandatory Human Trafficking Prevention & Awareness training, remains in good standing, and delivers strong guest satisfaction with an Overall Social Review (OSR) score of 4.0 or greater.

Situated along the Red River, Grand Forks, North Dakota has several amenities geared towards outdoor recreation, economic opportunities, and a variety of attractions and amenities for both residents and visitors. The city is home to the University of North Dakota, a leading research institution that enrolls over 14,000 undergraduate students and contributes to the area's academic and cultural landscape. Outdoor enthusiasts can explore the scenic beauty of the nearby Greater Grand Forks Greenway, which features several parks, a campground, two golf courses, three disc-golf courses, over 20 miles of multi-purpose trails, and shore bank fishing sites. Additionally, the city boasts a thriving downtown area with diverse shopping, dining, and entertainment options. With its dynamic blend of education, outdoor recreation, and urban amenities, Grand Forks offers a high quality of life and a welcoming community atmosphere. Along the Red River, the Greenway is a system of waterfront parks and trails, while Lincoln Drive Park features beautiful gardens and multi-use trails for outdoor enthusiasts. The city's cultural landscape is enriched by the North Dakota Museum of Art, showcasing contemporary works from around the world, and the Empire Arts Center, which hosts captivating performances including drama and musicals. Located less than a mile away, the Property is positioned directly across the street from the Alerus Center, unmatched in proximity by any other hotel.

Investment Highlights

  • 91-Room, Four-Story, Select-Service, Wyndham Hotels & Resorts-Branded Hotel with an On-Site, Fully Leased Restaurant
  • Awarded "Best of" Baymont by Wyndham Award for Seven Years in a Row (2017-2023)
  • Located Less than a Mile from Alerus Center and Two Miles from Altru Hospital
  • Situated 16.7 Miles from Grand Forks Air Force Base and Less than Seven Miles from Grand Forks International Airport
  • Twelve-Month RevPAR for North Dakota Area Hotel Submarket Up 18.3 Percent
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) ND: 10032

    North Dakota

Financing By

Hotel-Motel

Baymont By Wyndham Grand Forks

Listing Price: $7,400,000

Number of Rooms
91
RevPAR
$69
Price/Room
$81,319
RRM
3.25
Year Built
2015

Investment Highlights

  • 91-Room, Four-Story, Select-Service, Wyndham Hotels & Resorts-Branded Hotel with an On-Site, Fully Leased Restaurant
  • Awarded "Best of" Baymont by Wyndham Award for Seven Years in a Row (2017-2023)
  • Located Less than a Mile from Alerus Center and Two Miles from Altru Hospital
  • Situated 16.7 Miles from Grand Forks Air Force Base and Less than Seven Miles from Grand Forks International Airport
  • Twelve-Month RevPAR for North Dakota Area Hotel Submarket Up 18.3 Percent
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont by Wyndham Grand Forks (‘Hotel’ or ‘Property’) located in Grand Forks, North Dakota. The Wyndham Hotels & Resorts-branded Hotel is offered at $7,400,000 or $81,319 per key. The Baymont by Wyndham Grand Forks is a 91-room, four-story Hotel stationed at 951 S 42nd Street in Grand Forks, North Dakota, near Interstate 29. Various common area amenities at the Property include an on-site restaurant, indoor pool, fitness center, guest laundry facility, business center, as well as ample parking for buses, trucks, and recreational vehicles. The Hotel has been recognized for its excellence for the seventh year in a row, earning the esteemed “Best of” Baymont by Wyndham award. This distinction marks a Baymont hotel that maintains compliance with mandatory Human Trafficking Prevention & Awareness training, remains in good standing, and delivers strong guest satisfaction with an Overall Social Review (OSR) score of 4.0 or greater. Situated along the Red River, Grand Forks, North Dakota has several amenities geared towards outdoor recreation, economic opportunities, and a variety of attractions and amenities for both residents and visitors. The city is home to the University of North Dakota, a leading research institution that enrolls over 14,000 undergraduate students and contributes to the area's academic and cultural landscape. Outdoor enthusiasts can explore the scenic beauty of the nearby Greater Grand Forks Greenway, which features several parks, a campground, two golf courses, three disc-golf courses, over 20 miles of multi-purpose trails, and shore bank fishing sites. Additionally, the city boasts a thriving downtown area with diverse shopping, dining, and entertainment options. With its dynamic blend of education, outdoor recreation, and urban amenities, Grand Forks offers a high quality of life and a welcoming community atmosphere. Along the Red River, the Greenway is a system of waterfront parks and trails, while Lincoln Drive Park features beautiful gardens and multi-use trails for outdoor enthusiasts. The city's cultural landscape is enriched by the North Dakota Museum of Art, showcasing contemporary works from around the world, and the Empire Arts Center, which hosts captivating performances including drama and musicals. Located less than a mile away, the Property is positioned directly across the street from the Alerus Center, unmatched in proximity by any other hotel.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): ND: 10032

    North Dakota

Financing By

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