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

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.