1418 S Oak Avenue, Owatonna, MN 55060
sale
$1,350,000
|
Other
Courtesy Of Real Broker LLC
Investment opportunity! Available for purchase! Owner established hospitality business with a proven operating history and two proven streams of income under one roof! This property includes 13 traditional motel units, 12 extended stay units. A total of 25 units and if that wasn't enough this motel includes a spacious 4 bedroom management residence. Conveniently offers front office & lobby with mini bar and check in-out desk. The Oakdale Motel in the heart of Owatonna operated since 1998 is a well known lodging destination serving Owatonna and the surrounding communities located near I-35 and US Hwy 14. Oakdale Motel has an established presence in the local hospitality market. The combination of traditional and extended stay accommodations provides flexibility to capture both short term and long term guests. This is more than a motel it's an income producing investment with 2 revenue streams of income with an established market presence and room to grow. Oakdale Motel deserves a serious look!
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Property Features
- Age: Over 50 Years Old
- Appliance: Cooktop
- Appliance: Refrigerator
- Appliance: Range
- Exterior Type: Frame
- Heating System: Baseboard
- MLSID: 7146134
- Roof Type: Shingle
- Rooms: Bedroom 21
- Rooms: Bedroom 20
- Rooms: Bedroom 25
- Rooms: Bedroom 24
- Rooms: Bedroom 23
- Rooms: Bedroom 22
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bathroom 14
- Rooms: Bathroom 13
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bathroom 16
- Rooms: Bedroom 4
- Rooms: Bathroom 15
- Rooms: Bathroom 10
- Rooms: Bedroom 9
- Rooms: Bathroom 12
- Rooms: Bedroom 8
- Rooms: Bathroom 11
- Rooms: Bathroom 18
- Rooms: Bathroom 17
- Rooms: Bathroom 19
- Rooms: Bedroom 10
- Rooms: Bedroom 14
- Rooms: Bedroom 13
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bedroom 18
- Rooms: Bedroom 17
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Bedroom 19
- Rooms: Bathroom 25
- Rooms: Bathroom 24
- Rooms: Bathroom 21
- Rooms: Bathroom 20
- Rooms: Bathroom 23
- Rooms: Bathroom 22
- Rooms: Bathroom 1
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
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