Hotel-Motel
GrandStay Hotel & Suites Delano
395 13th St, Delano, MN 55328
Listing Price: $5,250,000
Investment Overview
P&E Hospitality with Marcus & Millichap is pleased to present the GrandStay Hotel & Suites Delano, a modern, upper-midscale extended-stay hospitality asset located at 395 13th Street S in Delano, Minnesota. Built in 2015 and offered to market for the first time by the original developers, this 54 room property represents a rare investment opportunity in a growing, affluent community just 28 miles from Minneapolis. Strategically positioned in an area with limited competition, the hotel caters to business travelers, relocators, and long-term vacationers, offering spacious suites and a wide range of amenities. Those amenities include complimentary high-speed Wi-Fi, on-site laundry, and a heated indoor pool and hot tub. The offering price of $5.25 million equates to a 3.59x room revenue multiplier and an 8.16% cap rate without management reserves. Overall, this value-add opportunity combines small-town charm with metro accessibility, making it an attractive option for investors seeking both immediate, stable returns and long-term growth potential.
Investment Highlights
- Attractive Pricing: 3.5x Room Rev | Under $100k Per Key
- Contemporary Extended-Stay Hotel Built in 2015 and First Time on Market
- Consistent Demand Driven by Business Travelers, Relocators, and Long-Term
- Less than 20 miles away from Lake Minnetonka
- Strategic Location Just 28 Miles from Minneapolis in a Thriving Suburban Corridor
Exclusively Listed By
Listing Price: $5,250,000
Investment Highlights
- Attractive Pricing: 3.5x Room Rev | Under $100k Per Key
- Contemporary Extended-Stay Hotel Built in 2015 and First Time on Market
- Consistent Demand Driven by Business Travelers, Relocators, and Long-Term
- Less than 20 miles away from Lake Minnetonka
- Strategic Location Just 28 Miles from Minneapolis in a Thriving Suburban Corridor
Investment Overview
P&E Hospitality with Marcus & Millichap is pleased to present the GrandStay Hotel & Suites Delano, a modern, upper-midscale extended-stay hospitality asset located at 395 13th Street S in Delano, Minnesota. Built in 2015 and offered to market for the first time by the original developers, this 54 room property represents a rare investment opportunity in a growing, affluent community just 28 miles from Minneapolis. Strategically positioned in an area with limited competition, the hotel caters to business travelers, relocators, and long-term vacationers, offering spacious suites and a wide range of amenities. Those amenities include complimentary high-speed Wi-Fi, on-site laundry, and a heated indoor pool and hot tub. The offering price of $5.25 million equates to a 3.59x room revenue multiplier and an 8.16% cap rate without management reserves. Overall, this value-add opportunity combines small-town charm with metro accessibility, making it an attractive option for investors seeking both immediate, stable returns and long-term growth potential.
Exclusively Listed By

