Americas Best Value Inn

2306 E. Main Street Albert Lea, MN

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Sale Price: $2,900,000

Building Size: 77,797 sq.ft.

Total Available Space: 77,797 sq. ft.

Property Type: Hospitality

Year Built: 1968

Property Description

Property Features

  • Full service hotel with on-site restaurant, lounge,
  • and event center
  • 77,797 total building sq. ft.
  • 82 rooms on two levels
  • Total lot size = 1.46 acres
  • Monument signage
  • Built in 1968
  • Indoor pool
  • Big Island Grill & Bar
  • Surface parking with approximately 32 spaces

Pricing

  • $2,900,000 ($37.28/sq. ft.)
  • $35,365.85/per key
  • 2016 Real Estate Taxes total $46,154.00
  • Financials available upon request

Location

  • Located south of the intersection of I-90 & I-35 on Hwy 65 in Albert Lea, MN
  • Area neighbors include Diamond Jo Casino Northwood, SPAM Museum, Holiday Lanes Bowling Center, Big Island Rendezvous, Big Island State Park, Freeborn County Fairgrounds, Albert Lea City Arena, and Cabela‚Äôs.

Brokers

Dale Zomer

Broker Associate

Office Phone: 605-444-7117

Dale Zomer joined NAI Sioux Falls in May of 2016 as a Broker Associate.  Dale brings 25 years experience of representing clients in the sale or purchase of income-producing properties.

View Dale's Profile