Best Western Plus of New Ulm, MN

http://timmhotelbroker.com/wp-content/uploads/2018/11/Exterior-2-wpcf_410x250.jpg
$7,800,000
2101 South Broadway Street New Ulm, MN 56073
117
Best Western Plus
Best Western
Full Service
Southern Minnesota

Property Overview

The Best Western Plus of New Ulm, MN has recently undergone and completed a thorough brand mandated PIP. The attached restaurant was also recently renovated to convert to a Green Mill, and updated per their brand standards which includes an added outdoor patio area with a fireplace. The hotel also offers versatile meeting spaces and banquet facilities totaling over 5,000 square feet.

Investment Highlights

  • Only full service property servicing the market
  • Priced well under replacement cost at just under $67,000 per room
  • Diverse demand generators from all market segments

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.