DL Hotel Group LLC Sells 45-Room Country Inn & Suites In Detroit Lakes, MN

The transaction involved the sale of a hotel asset located at 1300 US Route 10 in Detroit Lakes, Minnesota. This property is a Country Inn & Suites with a total of 45 keys. The hotel was constructed in 1996 and has undergone recent renovations. It is strategically situated near Highway 10 and Detroit Lake, contributing to its appeal in the regional hospitality market.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not specified
• Address: 1300 US Route 10
• Market: Detroit Lakes, MN
• Keys: 45
• Seller: DL Hotel Group LLC
• Broker: Joseph Ferguson, Jon Ruzicka, Reed Gizinski & Brock Banken - Marcus & Millichap

Marcus & Millichap brokered the sale, representing the seller, DL Hotel Group LLC, and successfully secured a buyer from South Dakota. This transaction indicates ongoing investor interest in the hospitality sector within Minnesota's robust regional lodging market.