SOLD
SAI Holdings LLC Buys Arrowwood Resort & Conference Center In Alexandria For $14.16M
2100 Arrowwood Lane
Hotel
Sold 15 days ago
Summary
Sale
MINNESOTA
Hotel
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
All
2
Agents
1
Agencies
1
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.View on map
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Address2100 Arrowwood Lane
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