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La Quinta Inn & Suites Fargo Medical Center | Fargo ND

Market Price

2355 46th Street South, Fargo, ND 58104

Active
Last Updated: 10/07/2025

156

Keys

2009

Year Built

Details:
Keys:    156
Year Built:    2009
Highlights:
  • Exceptional Location near Major Demand Generators: The La Quinta Inn & Suites Fargo Medical Center benefits from a prominent and easily accessible location at the intersection of Interstate 94 and Interstate 29, two key highways running north-south and east-west. The Hotel is situated within four miles of significant demand generators, including Sanford Medical Center (under one mile away), Scheels Arena, Microsoft Corporation, U.S. Bank, and Blue Cross Blue Shield of North Dakota.
  • Operational Upside Against the Competitive Set: The La Quinta Inn & Suites Fargo Medical Center is ranked 6 out of 6 hotels in its competitive set for RevPAR as of the July 2025 TTM period, with significant ADR upside available upon completion of a PIP. With a RevPAR penetration of 84.5%, the Hotel demonstrates the ability for a new owner to grow significant top-line revenue against the competitive set.
  • Prime Location with Highway Visibility: The Hotel is conveniently situated near the intersection of Interstate 94 and 45th Street, offering strong visibility and easy access that attracts both transient travelers and local guests.
  • Substantial Reduction in Market Supply: Over 400 hotel rooms have recently left the Fargo market, creating an opportunity for a new Owner to benefit from the reduced hotel inventory in the area. Additionally, the Hotel has secured a major contract with BNSF, providing increased room nights.
  • Offered Unencumbered by Management: The Hotel is being offered unencumbered by a management agreement, with ownership currently maintaining an absentee position. This provides an investor with the opportunity to assume a more hands-on owner/operator role.
  • Fee Simple Interest: The Property will be offered as fee simple.
Description:

Ri Marketplace Online Auction November 3-5, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2810/la-quinta-inn-suites-fargo-medical-center-fargo-nd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2810

HREC Investment Advisors and RealINSIGHT Marketplace are pleased to present the opportunity to acquire the 156-guestroom La Quinta Inn & Suites Fargo-Medical Center (sometimes referred to as “Hotel” or “Property”) located at 2355 46th St S, Fargo, ND 58104.

The La Quinta Inn & Suites Fargo Medical Center presents a compelling opportunity for acquisition, positioned strategically near a range of diverse demand generators. Fargo is the largest city in the state of North Dakota, and the Hotel is located directly off Interstate 94 (I-94), providing connectivity to surrounding states. Fargo anchors the eastern part of North Dakota, functioning as an economic center. Fueled by the presence of North Dakota State University (NDSU), Sanford Medical Center, Scheels Arena, and Microsoft, Fargo thrives in the higher education, corporate, healthcare, and leisure sectors.

The Property’s top line has room for improvement compared to its competitive set, with it being ranked 6 out of 6 for RevPAR in relation to its competitive set for the July 2025 TTM period, according to STR. The affiliation with the Wyndham Rewards program provides additional benefits in expanding demand channels for bookings. An investor can also capitalize on opportunities to revamp operations, implement cost control initiatives, and grow the top-line revenue.


Cary M. Aasness
c/o Fisher Auction Company Inc.
License: 503
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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