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.
Best Western Premier The Lodge on Lake Detroit of Detroit Lakes, MN
Timm and Associates is proud to exclusively present the Best Western Premier The Lodge on lake Detroit of Detroit Lakes, MN. The hotel is conveniently located near U.S. Highways 10 and 59, as well as Minnesota State Highway 34, Detroit Lakes is less than an hour from...