Timm & Associates, Inc. has been exclusively selected to represent the bank in the sale of the former Holiday Inn, currently unencumbered by a Franchise located in Owatonna, MN . Franchise options include: IHG, Wyndham and Best Western This is a rare opportunity to purchase this bank owned property that is priced substantially below current replacement costs for a similar new construction asset. This hotel is currently the largest full-service property in the area, allowing a unique competitive advantage over other hotel in the market. There is substantial operating and financial upside for this hotels and there is interest from multiple brands for a flag conversion.
Cobblestone Inn and Suites of Steele, ND
Timm & Associates, Inc. has been exclusively selected to represent the ownership in the sale of the Cobblestone Inn and Suites of Steele, ND. Built in 2014, this is the first time this property has been offered for sale. the hotel has visibility from both Highway...
