Timm & Associates, Inc. is pleased to exclusively offer for sale the 75 room Country Inn & Suites by Radisson Waterpark in Bismarck, North Dakota. The three story hotel features an indoor water park, heated pool and hot tub, arcade, fitness center, business center, complimentary breakfast, and meeting and event space. The property is generating nearly $40,000 per room in trailing 12 month lodging revenue and continues to benefit from improving ADR and occupancy trends throughout the Bismarck market. As North Dakota’s state capital, Bismarck benefits from a diverse base of government, healthcare, education, corporate, and leisure demand, along with recurring lodging demand generated by the North Dakota Legislative Assembly during odd numbered years. The property also offers potential expense savings for a new investor and benefits from limited new hotel supply in the Bismarck market.
Hampton Inn of Fairmont, MN
The Hampton Inn Fairmont is a 51 room, upper midscale Hilton branded hotel strategically located along Interstate 90 in southern Minnesota. Built in 2008 and still owned by its original developer, the property has benefited from significant recent capital improvements...
