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The Hudson Inn 200 E State 28 Hwy

94 Room Hotel Morris, MN 56267 £3,125,888 (£33,254/Room)

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Investment Highlights

3.99x Revenue Multiplier; $43,424/key
Significant Upside on Revenue: Only a portion of the hotel rooms have been available to be rented since the hotel opened in March, 2023
Good Candidate for a Flag: The hotel can continue to be operated as an independent hotel, and it is also well-qualified to be flagged

Turnkey Opportunity: Over $3M invested in improvements over the past couple of years
Low Supply in Market: Morris, MN's only full-service hotel offering 92 keys, including jacuzzi suites and kitchenettes
Development Upside: Development potential exists on the nearly 6 acre lot. Conversion to rehabilitation center or multifamily is possible.

Executive Summary

SVN | Northco is pleased to present, as exclusive advisor to ownership, The Hudson Inn in Morris, MN ("Property"). The Property features 92 keys, including rooms and suites with jacuzzi's and kitchenettes, with amenities such as a full-size swimming pool, hot tub, kids' pool, bar & restaurant, and two versatile event centers perfect for weddings and accommodating large groups. The hotel rooms are equipped with flat-screen TVs, mini-fridges, microwaves, and free high-speed Wi-Fi. Guests can enjoy a continental breakfast each morning, and the bar/restaurant is open daily.
The hotel has undergone significant updates in the past few years including (but not limited to): new roof, new insulation, rebuilding 25 rooms completely, all new electrical systems, new PTAC systems in each room, all new windows and siding, new common area heating and cooling systems, new high efficiency water heaters, all new internet and phone systems, new pool systems, and much more.
The Hudson Inn is committed to bringing life back into this beautiful building, creating a space for laughter and memories, while serving both guests and the community.
The hotel is conveniently located on Highway 28, just half a mile from the University of Morris.

Offering Memorandum - The Hudson Inn (1)

Property Facts

Price	£3,125,888	Building Size	67,000 SF
Price Per Room	£33,254	No. Rooms	94
Sale Type	Investment	Number of Floors	2
Sale Conditions	Business Value Included	Year Built/Renovated	1972/2024
Property Type	Hospitality	Parking Ratio	3.36/1,000 SF
Property Subtype	Hotel	Corridor	Interior
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	5.96 AC

Price	£3,125,888
Price Per Room	£33,254
Sale Type	Investment
Sale Conditions	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	5.96 AC
Building Size	67,000 SF
No. Rooms	94
Number of Floors	2
Year Built/Renovated	1972/2024
Parking Ratio	3.36/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Pool
Restaurant

High Speed Internet Access
Meeting Event Space

Public Access Wi-Fi
Smoke-Free

Hot Tub

About 200 E State 28 Hwy , Morris, MN 56267

LOCATION DESCRIPTION: Morris, MN, is a charming town in west-central Minnesota, known for its close-knit community, rich history, and beautiful natural surroundings. Home to the University of Minnesota Morris, the town has a vibrant college atmosphere that blends seamlessly with its agricultural roots. Morris offers a range of outdoor activities, including parks, lakes, and trails, making it an ideal destination for nature lovers. With its welcoming residents, locally-owned shops, and cultural events, Morris embodies the warmth and hospitality of small-town Minnesota living. Distances from larger cities include: Minneapolis/St. Paul, MN - 150 miles west of Minneapolis/St. Paul Fargo, ND - 110 miles southeast of Fargo Sioux Falls, SD - 175 miles northeast of Sioux Falls Airports in close proximity include Alexandria Municipal Airport (45 miles) and St. Cloud Regional Airport (90 miles). Nearby international airports include Hector International Airport in Fargo (110 miles) and Minneapolis-Saint Paul International Airport (150 miles).