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AmericInn of Park Rapids, MN

Park Rapids MN AmericInn Exterior SOLD

Property Overview

Timm & Associates, Inc. has been exclusively selected to market the AmericInn of Park Rapids, MN. The hotel shows pride of ownership, and has consistently been updated with capital improvements. Park Rapids neighbors Itasca State Park, the source of the Mississippi River and the beginning of the Heartland State Trail. Park Rapids is a summer tourist destination and, with its seventy lakes, it is a major hub for outdoor activities.

Property Details

Price: $3,100,000
Address: 1501 1st Street East Park Rapids, MN 56470
Rooms: 42
Brand: AmericInn
Franchise: Wyndham
Area: Northern Minnesota
Type: Limited Service
Investment Highlights

• Located off US Highway 34
• 2021 room revenue up 15% over 2019
• Minimal PIP for an incoming buyer

Property Photo Gallery

Park Rapids MN AmericInn FD
Park Rapids MN AmericInn Lobby 2
Park Rapids MN AmericInn Guest Room 4 1
Park Rapids MN AmericInn Guest Room 5
Park Rapids MN AmericInn Guest Room 7
Park Rapids MN AmericInn Guest Room 8
Park Rapids MN AmericInn Pool
Park Rapids MN AmericInn Hot Tub
Park Rapids MN AmericInn Meeting Room

Request More Information

To request more information on this property, please complete a confidentiality agreement. All inquiries must be made through Timm & Associates, Inc. Interested buyers are not allowed to visit or contact the property or its management directly.

Confidentiality Agreement

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