340 County Road 21 Hospitality
  • Asking Price
    $1.5MAsking Price
  • Price/SF
    $97.31Price/SF
  • Total Rooms
    55Total Rooms
  • Size
    15,364 SFSize
  • Built
    1977Built
  • Acres
    ~1.31 acAcres

Description

Super 8 by Wyndham is a 55-room hotel offered for sale at 340 County Road 21 in Glenwood, MN. Its interior-corridor layout gives a hotel operator a defined lodging asset near the intersection of Highway 55 and MN-28. The two-story property was built in 1977 and occupies 1.31 acres. For an owner-operator, the room count and interior-corridor configuration establish the scale of the day-to-day operation, while the site provides a distinct property footprint. The Super 8 by Wyndham identity gives buyers a recognizable lodging format to examine alongside the hotel’s operating history and their own plans for the asset. Lake Minnewaska is two miles from the hotel, and Pezehekee National Golf Course is three miles away. Fishing, boating, and golf give leisure guests clear reasons to visit Glenwood. The property is roughly two hours from both Minneapolis and Fargo, placing it within reach of travelers from either city. Glenwood is also home to American Solutions for Business and Glacial Ridge Health System, adding business and healthcare activity to the area’s lodging story. The asking price is $1,495,000. This is an operating-hotel acquisition for a buyer focused on room performance, guest mix, and the work required to execute an operating plan. The combination of a recognizable hotel name, a 55-room inventory, and proximity to recreation gives buyers a concrete basis for reviewing that plan.

Offering Summary

  • Asking Price
    $1,495,000
  • Price PSF
    $97.31
  • Price/Unit
    $27,182
  • Property Type
    Hospitality
  • Size
    15,364 SF
  • Built
    1977
  • Total Acres
    ~1.31 ac

Documents

Property Address

340 County Road 21
Glenwood, MN 56334

Property Details

  • Property Type
    Hospitality
  • Total Rooms
    55
  • Year Built
    1977
  • Acres
    1.31
  • APN
    21-0849-002

Deal Team

Andrew Post profile image

Andrew Post

Managing Broker
BPG Hotel Brokerage
IL RE Lic. 471021750