Property Description
The Americas Best Value Inn – Hinckley, MN, operating under the renowned Sonesta International Hotels Corp, represents a compelling investment opportunity in the economy lodging segment. Opened in May 1966 and situated on a 1.45-acre site with a building area of 24,268 square feet, this hotel boasts a strategic interstate location, enhancing its accessibility and appeal. The property features 49 rooms distributed over two stories with exterior primary corridors.

The Americas Best Value Inn – Hinckley, MN underwent significant renovations in December 2012, modernizing facilities including high-speed internet access, smoke-free rooms, and a 1,500 square foot meeting space. It is located within an Opportunity Zone, offering potential tax incentives. With a land zoning for commercial use and a building FAR of 0.38, the Americas Best Value Inn presents a solid investment for those looking to enter or expand in the economy hotel market.

Location Description
Hinckley, Minnesota, is a quaint town located in Pine County, known for its rich history and vibrant community life. It serves as a gateway to the scenic lakes and forests of Minnesota, making it a popular destination for outdoor enthusiasts who enjoy camping, fishing, and hiking.

The town is perhaps best known for the Great Hinckley Fire of 1894, an event commemorated by the Hinckley Fire Museum. Local attractions include the Grand Casino Hinckley, which offers entertainment and dining options, and the nearby St. Croix State Park, one of Minnesota’s largest state parks. Hinckley’s small-town charm, combined with its array of recreational activities and historical sites, makes it a compelling place for both residents and visitors.

• 49 units, 2 story, exterior corridor
• Priced under $31,000/key – less than 3x revenue
• 2024 room revenue: $564,934.95
• 2023 room revenue: $589,325.95
• Financing in place for qualified buyers
• Heavily discounted franchise fees – can be transferred to new owner with minimal to no PIP
• Absentee managed
• Motivated seller, bring all offers