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.
Comfort Inn of Jamestown, ND
Timm & Associates, Inc. has been exclusively chosen to represent the ownership in selling the Comfort Inn in Jamestown, ND. Conveniently located near the University of Jamestown, Jamestown Regional Medical Center, and Interstate 94, the hotel benefits from high...