DL Hotel Group LLC Sells 45-Room Hotel In Detroit Lakes Minnesota With Brokers Marcus & Millichap

The asset involved in this transaction is a hotel located at 1330 Us Route 10 in Detroit Lakes, MN. The property spans 1.73 acres and features 45 rooms, operating under the Country Inn & Suites brand.

Summary of transation details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 1330 Us Route 10
• Market: Detroit Lakes, MN
• Units: 45
• Acres: 1.73
• Seller: DL Hotel Group LLC
• Brokerage: Marcus & Millichap
• Brokers involved: Joseph Ferguson, Jon Ruzicka, Reed Gizinski & Brock Banken
• Buyer: South Dakota-based buyer

The transaction was facilitated by Marcus & Millichap, which successfully arranged the sale on behalf of DL Hotel Group LLC, ensuring the hotel will continue its operations under the existing brand following the acquisition.