Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN)

1202 S Kniss Ave, Luverne, MN 56156

  • For Sale $1,975,000
  • Property Type Other
  • Property Size 7,289 SF
  • Lot Size 1.01 Acre
  • Year Built 1988
  • Date Updated May 23, 2025
Luverne, MNBuilding Size: 7,289 SF # of Rooms: 36 Lot Size: 1.01 AC (43,810 SF) 2024 Occupancy: 31.67% Year Built: 1988 Parking Lot: Paved - 36 spaces 4 spaces Zoning: Commercial Combined Listing Price: $1,975,000 Combined Cap Rate: 15% Combined Price per Room: $24,000 Combined Price/SF: $270.96 ADR - STR Report: $86.45 GRM: 2.13Xs REV PAR - STR Report: $24.06 3 Year Average NOI: $205,968 3 Year Average Combined Revenue: $926,378 2024 Revenue: $318,000 Combined Real Estate Taxes: $35,457 2025 Projected Revenue: $375,000
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Highlights

  • # of Rooms: 36
  • 2024 Occupancy: 31.67%
  • 2024 Revenue: $318,000
  • 2025 Projected Revenue: $375,000
  • 3 Year Average Combined Revenue: $926,378
  • 3 Year Average NOI: $205,968
  • ADR - STR Report: $86.45
  • Building Size: 7,289 SF
  • Combined Cap Rate: 15%
  • Combined Listing Price: $1,975,000
  • Combined Price per Room: $24,000
  • Combined Price/SF: $270.96
  • Combined Real Estate Taxes: $35,457
  • GRM: 2.13Xs
  • Lot Size: 1.01 AC (43,810 SF)
  • Parking Lot: Paved - 36 spaces 4 spaces
  • REV PAR - STR Report: $24.06
  • Year Built: 1988
  • Zoning: Commercial

Contacts

broker
Dale Zomer

NAI Sioux Falls

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Luverne, MN
  • Zip Code 56156

Points of Interest

  • BP

    0.22 miles

  • Holiday

    0.28 miles

  • Casey's General Store

    0.91 miles

  • Southgate Auto

    1.04 miles

  • Rauk's Local - Gas

    7.61 miles

  • Hardwick Gas Stop

    9.53 miles

  • Russ Blanford WMA

    1.15 miles

  • Park

    1.49 miles

  • Bus Parking

    1.57 miles

  • Private Parking

    1.63 miles

  • P.F. Mulder WMA

    1.67 miles

  • P F Mulder WMA

    2.09 miles

  • Employee Parking

    2.15 miles

  • Parking Lot, P.F. Mulder WMA

    2.28 miles

  • Parking Lot, Rock River WMA

    2.43 miles

  • Super 8

    0.01 miles

  • The Grand Stay

    0.34 miles

  • Econo Lodge

    0.49 miles

  • Cozy Rest Motel

    1.06 miles

  • The Bluestem

    0.01 miles

  • McDonald's

    0.24 miles

  • Subway

    0.29 miles

  • 75 Diner

    0.30 miles

  • Taco John's

    0.37 miles

  • Tasty Drive In

    0.47 miles

  • Vinnie's

    0.53 miles

  • China Inn

    0.61 miles

  • Pizza Ranch

    1.13 miles

  • Sterling's Cafe

    1.17 miles

  • Minnesota West, Luverne

    1.37 miles

  • Saint Catherine's School

    1.42 miles

Frequently Asked Questions

How much does Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN) cost?

The space currently listed for sale at Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN) asks for $1,975,000.

What is the total square footage of Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN)?

Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN) totals 7,289 square feet.

When was this property built?

Super 8 by Wyndham (Combined with Econolodge by Choice Hotels in Luverne, MN) was built in 1988.

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Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls

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