110 BELMONT LN

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110 BELMONT LN

JACKSON, MN 56143-6000
Asking Price
$3.90M
Asset Type
Hotel Hospitality
Class
Class B

What's Special

52 Rooms | Interior Corridor | 2 stories with Elevator | Interstate 90 Location | Recently updated <p><span style="color: rgba(45, 45, 45, 1)">Reco Real Estate Advisors is pleased to present the AmericInn by Wyndham Jackson, a 52-room, interior-corridor midscale hotel located at the junction of Interstate 90 and US Highway 71 in Jackson, Minnesota. The property is the only midscale-class flag in Jackson, operating in the Minnesota South Area submarket where existing hotels face minimal new competition and the in-town competitive landscape is limited to two economy properties.</span></p><p></p

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

Location & Travel Times