Business for Sale Overview:
These two hotel properties were both built in 1995, and the AmericInn is 45 units and the Hospitality Inn is 61 units. The Hospitality Inn was built as a Holiday Inn Express, and could be re-branded to an economy brand. North Dakota is a stong market for hotels. Through 2009 ADR is up and Occupancy is down slightly for these hotels. Revenues are holding.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The AmericInn is built with concrete construction. The Hospitality Inn is wood frame. Both hotels are well maintained, and represent a large share of the market.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: