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333 Main Street West
Wabasha, MN 55981
Asking Price
$675K
Asset Type
Hotel Hospitality
Class
Class B
What's Special
The Anderson House Hotel, listed on the National Register of Historic Places <p><strong style="color: rgba(0, 0, 0, 1)">Rare opportunity to own a beautiful piece of history in the heart of Wabasha with stunning views of the Mississippi River! The Anderson House Hotel, listed on the National Register of Historic Places, has been welcoming guests to its 22 rooms since 1856. The current owners have recently revitalized the family restaurant, which seats over 100 and includes a spacious outdoor patio. The hotel lobby features a game room and a newly added wine tasting bar, c
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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62