该物业将于6月18日(星期一)至6月20日(星期三)期间进行拍卖。标示起拍价为 3,000,000美元。欲知更多信息和注册投标此物业,请访问Ten-X.com。
Marcus & Millichap is proud to have been chosen as exclusive advisor and broker in regards to the marketing effort of the Holiday Inn & Suites Owatonna. The hotel features 130 guestrooms and is a four-story structure built in 2000. It is generating over $3,500,000 in room revenue. The current franchise agreement expires early 2019; this provides an investor the opportunity to pursue alternative franchise options or continue with IHG. Current ownership has preliminary DoubleTree by Hilton transfer PIP dated 2018, it is a buyer’s responsibility to coordinate with Hilton regarding continued interest in the project. The property is eligible to maintain its Holiday Inn affiliation and a transfer PIP is in hand.
Prime location along Interstate 35 allows for ideal visibility and access and is just blocks from Owatonna Degner Regional Airport (OWA). Owatonna itself boasts ideal location just an hour south of the Minneapolis metro and 45 minutes West of Rochester and the world-renowned Mayo Clinic. Hotel features include the popular Great Serengeti Indoor Water Park, the on-site 43rd Street Pub & Grill, a porte cochere, elevator, 24-hour business center, 24-hour fitness center, ample free parking, and in-room flat screen TV, microwave, refrigerator, iron & ironing board, andcoffee maker. The event space can accommodate a variety of group sizes and configurations of around 300 people.
The hotel’s location at the northern end of town places it at a busy Interstate 35 exit (Clinton Falls/NW 46th Street) next to Cabela’s and the regional airport, and just minutes to Owatonna Hospital and the Reptile and Amphibian (RAD) Zoo. It’s also a quick trip to Target, Wal-Mart, Northwoods Cinema and a variety of retail destinations to the south along with Medford Outlet Center to the north. Owatonna is home to the unique Minnesota State Public School Orphanage Museum, Kaplan’s Wood Park (containing over six miles of hiking and cross-country trails, and nearly two miles of hard-surfaced handicapped accessible trail); Mineral Springs Park (with legendary “healing waters” that cured Princess Owatonna from ill health); and the Steele County Historical Society’s 20th Century “Village of Yesteryear.”
Owatonna serves as the county seat of Steele County. The city boasts a population in excess of 25,000 residents and forms the core of the Owatonna, MN Micropolitan Statistical Area (MSA) which covers all of Steele County. The city of Owatonna is located along Interstate 35 midway between the Twin Cities and the Iowa boarder in south central Minnesota. It is also midway between Mankato and Rochester along U.S. Highway 14. This property will be auctioned on Tuesday, September 11 - Thursday, September 13 . The price displayed is the starting bid amount of $2,500,000. For information and to register to bid on this property, please visit Ten-X.com.