Motel 6

1731 Premier Drive, Mankato, MN, USA
Download Spec Sheet
  • Total Available Space: 9,553 sq. ft.
  • Building Size: 9,553 sq. ft.
  • Suite Size: 9,553 sq. ft.
  • Lot Size: 2.3 acres
  • Year Built: 2017
  • Sale Price: $4,400,000

Property Features

  • 66-room hotel
  • Building size: 9,553 sq. ft.
  • Lot size: 2.3 acres
  • Annual occupancy: 58.32%
  • ADR: $69.97
  • Year built: 2017
  • Zoning: Commercial
  • Projected 2019 revenue: $925,000
  • Awards:
    • 2018 “Best New Construction Design”
    • 2019 Highest Guest Satisfaction Score for all Motel 6: 9.3
    • Highest guest review scores in the country!
    • 2019 “Guest Experience Award”

Pricing

  • List price: $4,400,000 ($66,666.66/ key)
  • 2018 Real Estate Taxes: $53,542
  • Financials available upon request
  • All showings must be set up by the broker

Location

  • Located in Mankato, MN, home to Minnesota State University – Mankato
  • Metro population: 64,026
  • Area neighbors include: Paw Pet Resort, Menards, Home Depot, Kwik Trip, Discount Tire, Fleet Farm

Property Broker