for sale
Americas Best Value Inn & Suites
1915 Highway 59 S | Thief River Falls, MN 56701
Investment Highlights
- 44 units, single story, interior corridor
- Priced under $35,000/key
- 2024 room revenue: $846,019.13
- 2023 room revenue: $1,135,433.64
- Motivated seller bring all offers
- Financing in place for qualified buyers
- Heavily discounted franchise fees – can be transferred to new owner with zero to minimal PIPs
- Absentee managed
Property Description
Situated in the charming town of Thief Rivers Falls, MN, the Americas Best Value Inn & Suites is a well-established economy hotel operating under the Sonesta International Hotels Corp franchise since June 1974. The Americas Best Value Inn & Suites – Thief River Falls, MN offers 44 rooms on a 3.30-acre lot with a total building area of 21,175 square feet. The hotel, renovated in 2005, features high-speed internet, a business center, a pool, and 350 square feet of meeting space. With ample parking across 86 surface spaces and commercial zoning, this property captures the essence of convenience and accessibility.
Location Description
Thief River Falls, Minnesota, is a vibrant community located in Pennington County, known for its beautiful natural surroundings and strong Scandinavian heritage. The town, often referred to simply as TRF, serves as a hub for outdoor activities, with the Thief River providing ample opportunities for fishing, kayaking, and scenic walks along its banks. Thief River Falls is also home to a thriving business community, including major manufacturers and the headquarters of Digi-Key Electronics, a significant employer in the region.
The town’s cultural life is enriched by annual events like the Pennington County Fair and the Norwegian Festival, celebrating its Nordic roots. With its friendly atmosphere and blend of modern industry and leisure activities, Thief River Falls is a key player in northern Minnesota’s cultural and economic landscape.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
BROKER OF RECORD
Ryan O’Neil
RE/MAX Advantage Plus
MN #40187090