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Two hotel package - AmericInn & Hospitality Inn of Wahpeton, ND

Wahpeton, North Dakota (Richland County)

Services - Hotels & Other Lodging

Asking Price $3,200,000 Inventory  
Gross Income $1,040,481 Real Estate  
Cash Flow Not Disclosed Year Established 1995
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

The Hospitality Inn has the opportunity to be rebranded into an economy brand. Both hotels have seen an increase in ADR and a slight decrease in Occupancy in this recession (through August 2009) and revenues are stable.

Facilities: Two hotel properties, both built in 1995. The AmericInn is concrete construction and 45 rooms. The Hospitality Inn is 61 rooms, wood frame, and was built as a Holiday Inn Express.

Competition: North Dakota has remained strong through out the recession.

Growth/Expansion: Own a large share of the hotel market in Wahpeton

Reason Selling: Retirement

Business For Sale By

Ryan Schroder

952-932-9987

Timm & Associates, Inc.

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Contact the seller about this Two hotel package - AmericInn & Hospitality Inn of Wahpeton, ND

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