Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, recently announced the successful sale of a 38-room AmericInn hotel in Sleepy Eye, Minnesota. Situated at 1100 Main St. E, the property is directly connected to the city-owned Sleepy Eye Events Center, making it a unique year-round revenue generator due to its event-driven demand. The hotel, originally built in 1990, underwent full renovations and rebranding in 2017, with a new roof added in 2024. The new owners plan to update the facility while maintaining its strong local presence. This transaction highlights the growing investor confidence in Sleepy Eye's stable hospitality market.
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