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ORION REAL ESTATE
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Main Offices:
630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax |
PROPERTY NAME: Dakota Inn
ADDRESS: 410 W Park Road, Redwood Falls, MN 56283
COUNTY: Redwood
PARCEL #: 88-132-3014
LOCATION: On Renville Co 101 heading north to North Redwood
LAND AREA: 4.7 Acres +/-
SIZE OF BUILDING: 28,656 Sq Ft
AGE: Built in 1991
TYPE OF CONSTRUCTION: Wood Frame
# OF UNITS: 117 Units; 2 King Bed Suites, 9 King Bed Rooms and 106 Standard rooms
ROOM RATES: $59.95/weekends; $49.95/weekdays; $35/buses
PARKING: Large ample parking lot
LIVING QUARTERS: Inside two rooms
ZONING: Commercial, City Limits
UTILITIES: City Services
HVAC: Carrier room units; 220 Electric heat; natural gas in halls & common areas
2007 REAL ESTATE TAXES: $44,918
GROSS INCOME: $623,487
PRICE: $1,200,000 TERMS: Open, prefer cash
COMMENTS: This is a very nice facility in an excellent location with much potential. In business for 15 years -since 1992. Only year round pool in town. On the strip in Redwood Falls. Three year exclusive overflow agreement with Jackpot Casino with shuttle, modern, good condition, McDonalds, American Legion and bank close by. Easy to find and has good curb appeal. Also potential opportunity for conversion to senior housing. Sellers are very motivated and will consider any reasonable offer.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.