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Alexander House 903 Park St W

20 Room Hotel Park River, ND 58270 $1,005,515 CAD ($50,276 CAD/Room)

Investment Highlights

  • Turnkey 20-unit hotel
  • New flooring, bedding, furniture, paint and POS system in the last five years
  • Property includes a restaurant, lounge and banquet facilities
  • Bottle shop and kitchen inventory included

Executive Summary

Don't miss out on this amazing landmark property in Park River, ND. The Alexander House is a turnkey 20-unit hotel, restaurant, lounge with banquet facilities and off sale package store. New flooring, bedding, furniture, paint and POS system in the past five years. All bottle shop and kitchen inventory will be included.

Property Facts

Price $1,005,515 CAD
Price Per Room $50,276 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.34 AC
Building Size 11,572 SF
No. Rooms 20
No. Stories 1
Year Built 1976
Parking Ratio 3/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 $124.97 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-0000-12040-000
Land Assessment
$14,350 CAD
Improvements Assessment
$199,319 CAD
Total Assessment
$213,669 CAD

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 34331126

  • Date on Market: 2024-12-31

  • Last Updated:

  • Address: 903 Park St W, Park River, ND 58270

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