Detroit Lakes Hospitality for Sale
Marcus & Millichap is pleased to exclusively present the Country Inn & Suites by Radisson, Detroit Lakes — a fully updated, upper-midscale hotel located in one of Minnesota’s most dynamic four-season leisure markets. Strategically positioned just off Highway 10 and within walking distance to the shores of Detroit Lake, the hotel benefits from recent capital improvements, including a new roof in 2019 and full implementation of Country Inn & Suites' GEN4 design standards. Operated by a professional management company and offered unencumbered by management, the hotel presents a compelling investment opportunity with both immediate and long-term upside potential through the implementation of an owner/operator structure, allowing for significant cost savings and enhanced operational efficiency.
Detroit Lakes has firmly established itself as a top-tier Midwest recreation destination, attracting family groups, outdoor enthusiasts, and seasonal tourists throughout the year. Just minutes from the hotel, Detroit Mountain Recreation Area offers four-season activities including mountain biking, hiking, skiing, and snowboarding. According to the 2021 Visitor Profile, 44% of overnight guests cited the mountain biking trails as a significant or primary reason for visiting — underscoring the area's alignment with experience-driven travel trends. The hotel benefits from direct access to this expanding recreational infrastructure, proximity to major outdoor attractions, and a highly visible location just off a key transportation corridor. Adjacent to the newly completed segment of the Heartland State Trail, finalized in July 2025, the property offers immediate access to over 40 miles of connected trails and multi-use paths, along with on-site bike repair stations — all of which enhance appeal to the growing active-lifestyle travel segment.
Year-round occupancy is further supported by more than 400 lakes within a 25-mile radius, offering extensive summer recreation such as boating, kayaking, fishing, and swimming, as well as winter activities like ice fishing and snowmobiling — creating a balanced, outdoor-driven demand base. The hotel also captures significant revenue during WE Fest, one of the nation’s largest country music festivals, held each August just minutes away at Soo Pass Ranch. This multi-day event draws tens of thousands of attendees and, with limited local competition, consistently pushes occupancy to capacity and ADR to annual highs — providing investors with a valuable opportunity to optimize yield through strategic revenue management.
With modernized GEN4 renovations, minimal near-term capital needs, and operations offered unencumbered by management, and supported by strong seasonal demand the hotel is well-positioned for immediate NOI growth. Additionally, the opportunity for an incoming owner/operator to enhance operational efficiency, the asset presents a rare chance to acquire a high-performing hotel with clear upside for both income and long-term value.
