Hotel-Motel
Wrangler Hotel - Managers Apartment on site
102 MN-28, Morris, MN 56267
Listing Price: $1,500,000
Investment Overview
Marcus & Millichap is pleased to present the Wrangler Hotel, a 40-room independent hotel in Morris, Minnesota—an underserved market with strong demand drivers and minimal competition. This turnkey investment opportunity allows a new owner to continue independent operations or rebrand under a national franchise, offering significant operational flexibility.
Morris serves as a regional hub for education, agriculture, and tourism, drawing steady visitor traffic. The University of Minnesota Morris and local business travel provide sustainable demand throughout the year. The market’s limited supply of lodging further enhances the Wrangler Hotel’s long-term revenue potential.
Our team at Marcus & Millichap's National Hospitality Division specializes in hotel investment sales with extensive access to active buyers and financing solutions. Leveraging our nationwide platform and targeted marketing approach, we ensure maximum exposure to qualified investors seeking value-driven opportunities.
This exclusive offering presents a rare chance to acquire a well-positioned hotel in an underserved market with multiple pathways for growth and increased profitability.
Wrangler Hotel - Managers Apartment on site
Investment Highlights
- Flexible Branding Strategy – Recently Transitioned to an Independent Operation, Giving a New Owner the Choice to Maintain Independence for Higher Net Revenue or Align with a National Brand to Leverage
- On-Site Manager's Apartment – Provides a Unique Owner-Operator Advantage, Reducing Labor Costs and Ensuring Streamlined Management
- Strategic Location – Home to the University of Minnesota Morris, the Hotel Benefits from Year-Round Demand from University Visitors, Athletic Teams, Faculty, and Event Attendees
- Limited Competition – With Few Lodging options in the Area, the Wrangler Hotel Enjoys Consistent Occupancy and Strong ADR Potential without Market Oversaturation
- Turnkey Cash-Flow Opportunity – The Property is Fully Operational with an Established Customer Base, Presenting an Ideal Entry-Level Investment or an Expansion Opportunity for Seasoned Hoteliers
Listing Price: $1,500,000
Investment Highlights
- Flexible Branding Strategy – Recently Transitioned to an Independent Operation, Giving a New Owner the Choice to Maintain Independence for Higher Net Revenue or Align with a National Brand to Leverage
- On-Site Manager's Apartment – Provides a Unique Owner-Operator Advantage, Reducing Labor Costs and Ensuring Streamlined Management
- Strategic Location – Home to the University of Minnesota Morris, the Hotel Benefits from Year-Round Demand from University Visitors, Athletic Teams, Faculty, and Event Attendees
- Limited Competition – With Few Lodging options in the Area, the Wrangler Hotel Enjoys Consistent Occupancy and Strong ADR Potential without Market Oversaturation
- Turnkey Cash-Flow Opportunity – The Property is Fully Operational with an Established Customer Base, Presenting an Ideal Entry-Level Investment or an Expansion Opportunity for Seasoned Hoteliers
Investment Overview
Marcus & Millichap is pleased to present the Wrangler Hotel, a 40-room independent hotel in Morris, Minnesota—an underserved market with strong demand drivers and minimal competition. This turnkey investment opportunity allows a new owner to continue independent operations or rebrand under a national franchise, offering significant operational flexibility. Morris serves as a regional hub for education, agriculture, and tourism, drawing steady visitor traffic. The University of Minnesota Morris and local business travel provide sustainable demand throughout the year. The market’s limited supply of lodging further enhances the Wrangler Hotel’s long-term revenue potential. Our team at Marcus & Millichap's National Hospitality Division specializes in hotel investment sales with extensive access to active buyers and financing solutions. Leveraging our nationwide platform and targeted marketing approach, we ensure maximum exposure to qualified investors seeking value-driven opportunities. This exclusive offering presents a rare chance to acquire a well-positioned hotel in an underserved market with multiple pathways for growth and increased profitability.
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