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Microtel Inn & Suites by Wyndham New Ulm 424 20th S St 63 Room Hotel New Ulm, MN 56073 $4,980,780 CAD ($79,060 CAD/Room)
Investment Highlights
- Convenient location near Schell’s Brewery, Flandrau State Park, and downtown New Ulm attractions
- Features an indoor pool, hot tub, and spa amenities to enhance the guest experience
- Ample on-site parking, including truck and RV spaces, with close proximity to major road connections
- Equipped with a business center, meeting room, and ADA-accessible facilities
Executive Summary
The Microtel Inn & Suites in New Ulm, Minnesota presents a 63 room, investment opportunity, offering investors a recently renovated asset with strong upside potential in a stable, demand driven market. The property has undergone significant updates completed in early 2025, resulting in minimal anticipated PIP requirements for a new owner, while recent performance trends show improving revenues following completion of these renovations. Built as a modern three-story hotel with a full amenity package, the asset aligns well with current brand preferences and provides long term flexibility for repositioning if desired.
Property Facts
| Price | $4,980,780 CAD | Lot Size | 0.85 AC |
| Price Per Room | $79,060 CAD | Building Size | 28,740 SF |
| Sale Type | Investment | No. Rooms | 63 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2001 |
| Building Class | C | Corridor | Interior |
| Zoning | C1 - General Business | ||
| Price | $4,980,780 CAD |
| Price Per Room | $79,060 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 28,740 SF |
| No. Rooms | 63 |
| No. Stories | 3 |
| Year Built | 2001 |
| Corridor | Interior |
| Zoning | C1 - General Business |
Amenities
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 25 | $150.81 CAD | - |
| Guest Room | 38 | $123.14 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00100204607070 | Improvements Assessment | $1,419,384 CAD |
| Land Assessment | $351,145 CAD | Total Assessment | $1,770,529 CAD |
Property Taxes
Parcel Number
00100204607070
Land Assessment
$351,145 CAD
Improvements Assessment
$1,419,384 CAD
Total Assessment
$1,770,529 CAD
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Microtel Inn & Suites by Wyndham New Ulm | 424 20th S St
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