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SAI Holdings LLC Buys Arrowwood Resort & Conference Center In Alexandria For $14.16M

Property Image
SOLD
$14,159,250

Minnesota

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Hotel
Sold 04/18/2024
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Property Image
SOLD

SAI Holdings LLC Buys Arrowwood Resort & Conference Center In Alexandria For $14.16M

2100 Arrowwood Lane

See Similar Deals
Hotel
Sold 04/18/2024
the dealplayerscompscontact
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Summary

MINNESOTA
Asset Type:Hotel
Transaction Type:Sale

The Arrowwood Resort & Conference Center in Alexandria, Minnesota, has been sold for slightly over $14 million. Situated at 2100 Arrowwood Lane, the property spans 138 acres, featuring 195 keys and a price per key of $72,612.

Summary of transation details:

  • Property Type: Hotel
  • Transaction Amount: $14,159,250
  • Location: Alexandria, Minnesota
  • Buyer: SAI Holdings LLC
  • Seller: Regency Midwest Ventures LP
  • Broker: Lee Kerfoot - HREC Investment Advisors

SAI Holdings LLC, a Connecticut-based entity, acquired the resort from Regency Midwest Ventures LP. The sale marks one of the most expensive single-property resort transactions in Minnesota's recent history. While information about the buyer and seller is publicly available, specific details about the deal structure and motivations behind the acquisition remain undisclosed.

Players

Lee Kerfoot
HREC Investment Advisors
Lee Kerfoot
1 deal$14.2M volume(203) 830-9218
BROKER

Details

SOLD
IMAGE: 04/18/2024 ADDRESS: 2100 Arrowwood Lane - Arrowwood Resort & Conference Center MARKET: Alexandria, Minnesota ASSET TYPE: Hotel ~ ACRES: 138 BUYER: SAI Holdings LLC SELLER: Regency Midwest Ventures LP BROKER: Lee Kerfoot - HREC Investment Advisors SALE PRICE: $14,159,250 KEYS: 195 ~ PPK: $72,612 NOTE: Arrowwood Resort & Conference Center in Alexandria has been sold for slightly over $14 million, marking one of the most expensive single-property resort sales in Minnesota's recent history, though details about the buyer and seller remain undisclosed. SAI Holdings LLC, registered in Connecticut, is listed as the buyer on the state certificate of real estate value, while the seller is Regency Midwest Ventures LP of Sioux Falls, South Dakota.

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