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Hotel-Motel

Super 8 Mankato

51578 US-169, Mankato, MN 56003

Listing Price: $2,100,000

Cap Rate
11.30%
Number of Rooms
60
RevPAR
$33
Price/Room
$35,000
RRM
2.88
Year Built
1976

Investment Overview


Marcus & Millichap is excited to exclusively present the Super 8 hotel in Mankato, MN for sale. Situated in the vibrant and growing city of Mankato, the fifth largest city in Minnesota outside the Twin Cities metropolitan area, this property offers significant opportunities for an owner-operator. Mankato boasts an array of parks, trails, prominent businesses, Minnesota State University Mankato, and the Immanuel St. Joseph’s Mayo Health Hospital, making it a hub of activity and demand.

The hotel features 60 rooms and has generated room revenue exceeding $700,000, highlighting its profitability and potential for further financial growth. Located conveniently off U.S. Highway 169, the Super 8 has undergone extensive updates recently, enhancing its appeal and functionality. This is an exceptional opportunity to invest in a property with substantial upside potential in a thriving community.

Investment Highlights

  • Consistent Historical Revenue Growth in a Stable and Growing Market.
  • Ample Owner Operator Upside.
  • Seldom Available Opportunity in a Thriving Market.

Exclusively Listed By

  • Joseph Ferguson

    Associate

    (952) 852-9769

    Email Joseph

    License(s): MN: 40737246

    Minneapolis

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Jake M. Erickson

    Senior Associate

    (952) 852-9721

    Email Jake

    License(s): MN: 40486025, IA: S66396000, WI: 89877-94

    Minneapolis

  • Jared Plamann

    Senior Associate

    (952) 852-9745

    Email Jared

    License(s): MN: 40605209, WI: 89876-94

    Minneapolis

Financing By

Hotel-Motel

Super 8 Mankato

Listing Price: $2,100,000

Cap Rate
11.30%
Number of Rooms
60
RevPAR
$33
Price/Room
$35,000
RRM
2.88
Year Built
1976

Investment Highlights

  • Consistent Historical Revenue Growth in a Stable and Growing Market.
  • Ample Owner Operator Upside.
  • Seldom Available Opportunity in a Thriving Market.

Investment Overview

Marcus & Millichap is excited to exclusively present the Super 8 hotel in Mankato, MN for sale. Situated in the vibrant and growing city of Mankato, the fifth largest city in Minnesota outside the Twin Cities metropolitan area, this property offers significant opportunities for an owner-operator. Mankato boasts an array of parks, trails, prominent businesses, Minnesota State University Mankato, and the Immanuel St. Joseph’s Mayo Health Hospital, making it a hub of activity and demand. The hotel features 60 rooms and has generated room revenue exceeding $700,000, highlighting its profitability and potential for further financial growth. Located conveniently off U.S. Highway 169, the Super 8 has undergone extensive updates recently, enhancing its appeal and functionality. This is an exceptional opportunity to invest in a property with substantial upside potential in a thriving community.

Exclusively Listed By

  • Joseph Ferguson

    Associate

    (952) 852-9769

    Email Joseph

    License(s): MN: 40737246

    Minneapolis

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Jake M. Erickson

    Senior Associate

    (952) 852-9721

    Email Jake

    License(s): MN: 40486025, IA: S66396000, WI: 89877-94

    Minneapolis

  • Jared Plamann

    Senior Associate

    (952) 852-9745

    Email Jared

    License(s): MN: 40605209, WI: 89876-94

    Minneapolis

Financing By

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