$485,000
Slayton, MN 56172
MLS# 6435208
1 / 8
Property Description
Introducing a rare opportunity to own and operate an exceptional turnkey motel and a smooth transition into the hospitality industry. The Hill Top Inn Motel is conveniently located on US Highway 59 in Slayton. With 30 units and many attractive updates and renovations, each room features it's own in room control for heating and cooling, tv, internet, mini fridge and microwave. All of the rooms have interior entrances, with 15 of the rooms having an exterior entrance which allows guests to park in front of their rooms. Extra parking is also available to accommodate semis, trucks and campers as well. Attached to the welcoming lobby is a spacious and comfortable owners/manages apartment. The current owners have developed an outstanding reputation and have taken great pride in the care of their business. They have a high rate of repeat guests and wonderful reviews. This is a great opportunity to own and operate a profitable and thriving business in Southwest MN.
Details
Maps
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Status: Active
Current Price: $485,000
Original List Price: 485000
Contingency: None
ListPrice: 485000
List Date: 2023-09-18
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 11988
For Sale or Lease: For Sale
Acres: 3.28
Lot Dimensions: 349x410
Assessment Pending: No
Location, Tax and Other Information
Legal Description: S 106.6' OF LOT 2; ALL OF LOT 3; LOT 4, LESS S 17.4' OF W 62.4'; LOT 5, LESS N 167.6' OF W 62.4'
Map Page: 999
Municipality: Slayton
Rental License?: No
School District Phone: 507-836-6183
Map Coordinate Source: King's Street Atlas
House Number: 2436
Street Name: Highway 59
Postal City: Slayton
County: Murray
State: MN
Zip Code: 56172
Zip Plus 4: 1154
Property ID Number: 295400050
Complex/Dev/Subdivision: Simpson Add
Tax Year: 2023
Tax Amount: 11444
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 11444
Directions & Remarks
Public Remarks: Introducing a rare opportunity to own and operate an exceptional turnkey motel and a smooth transition into the hospitality industry. The Hill Top Inn Motel is conveniently located on US Highway 59 in Slayton. With 30 units and many attractive updates and renovations, each room features it's own in room control for heating and cooling, tv, internet, mini fridge and microwave. All of the rooms have interior entrances, with 15 of the rooms having an exterior entrance which allows guests to park in front of their rooms. Extra parking is also available to accommodate semis, trucks and campers as well. Attached to the welcoming lobby is a spacious and comfortable owners/manages apartment. The current owners have developed an outstanding reputation and have taken great pride in the care of their business. They have a high rate of repeat guests and wonderful reviews. This is a great opportunity to own and operate a profitable and thriving business in Southwest MN.
Directions: From the intersection of Hwy 59 and Hwy 30, so south on Hwy 59. Motel is located on the west side of highway.
Basement
Foundation Dimensions: 54x222
Building Information
Building Finished SqFt: 12116
Fractional Ownership: No
Lease Details
Land Leased: No
Miscellaneous Information
FIPS Code: 27101
Homestead Desc: Owner
Structure Information
Sale Includes: Building,Business,Inventory
Unit Details
Total Units: 31
Property Features
Accessible: None
Amenities Shared: Patio
Appliances: Dryer; Gas Water Heater; Range; Refrigerator; Washer; Water Softener - Owned
Basement: Concrete Block; Full; Partial Finished
Construction Status: Previously Owned
Current Use: Hotel/Motel
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Hot Water Common
Parking Characteristics: Covered; Driveway - Asphalt; More Parking Onsite for Fee; RV Access/Parking
Potential Use: Motel/Hotel
Road Frontage: Highway
Roof: Age Over 8 Years; Asphalt Shingles; Metal
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Listing Office: RE/MAX Advantage Plus
Last Updated: September - 19 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2022 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.