875 Highway 3 N Northfield, MN 55057

Other MLS #: 6653353 Courtesy Of RE/MAX Results

Property InformationDescription

Extended Stay Hotel investment opportunity in the vibrant and growing city of Northfield, MN. This 26 key extended-stay motel offers a range of flexible revenue streams with options for nightly, weekly, or monthly rentals. Capital Improvements within the past 5-7 years, include a new roof, siding, electrical system, windows, water heater, and a resurfaced parking lot.

Northfield is a charming community with a population of over 21,000 and steady annual growth of 0.4%. Northfield is home to St. Olaf College and Carleton College, along with significant employers like Northfield Hospital + Clinics, and Malt-O-Meal (Post Consumer Brands).

The city's growing population, coupled with its strong employer base, ensures consistent demand for extended-stay accommodations.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Heating System: Other
  • Legal Description: LOT 1 OF SCHJELTOWN SUBD
  • MLSID: 6653353

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875 Highway 3 N, Northfield, MN 55057
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