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424 20th St S
New Ulm, MN 56073
Microtel Inn and Suites of New Ulm, MN · Hospitality Property For Sale
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64 Rooms
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 Per Room | $77,651 CAD | No. Rooms | 64 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2025 |
| Property Subtype | Hotel |
| Price Per Room | $77,651 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| No. Rooms | 64 |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2025 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | - | - |
| Guest Room | 63 | - | - |
Property Taxes
| Parcel Number | 00100204607070 | Improvements Assessment | $1,416,224 CAD |
| Land Assessment | $350,363 CAD | Total Assessment | $1,766,588 CAD |
Property Taxes
Parcel Number
00100204607070
Land Assessment
$350,363 CAD
Improvements Assessment
$1,416,224 CAD
Total Assessment
$1,766,588 CAD
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