Hotels for Sale

Holiday Inn & Holiday Inn Express Minot, ND

Address:
Minot, North Dakota
Description:
  • Fee simple interest in the lender-controlled 172-room Holiday Inn Minot and 66-room Holiday Inn Express Minot
  • Hotels offered for purchase on an individual or portfolio basis at a substantial discount to replacement cost
  • Properties under receivership since February 2016 and available unencumbered of management
  • Strong operational upside with assets transitioning to the more traditional owner/operator model
  • Ability to retain both IHG flags via long-term franchise agreements
  • Proximate to all major demand including Minot Air Force Base, Minot State University, Scandinavian Heritage Park, and the new $275MM Trinity Health medical campus expansion currently under construction
  • Approximately $400MM of committed infrastructure improvements and other public enhancements are earmarked for Minot over the next eight years

Listing Agents 

Adam Montufar
T: 515.446.4181
Email

Suzanna Farley Aldrich
T: 406.478.3010
Email

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