Bank Owned - Ramada by Wyndham Fargo
Hospitality | 172 Keys
Marketing description
Marcus & Millichap Real Estate Investment Services, as Correspondent Broker of Record for KW Utah Realtors Keller Williams Commercial is pleased to present the fee simple interest in the Ramada by Wyndham in Fargo, North Dakota, offering a prime investment opportunity in the state’s largest and fastest-growing city. This 172-room property is strategically located near North Dakota State University, major healthcare facilities, and Fargo’s key business districts, positioning it well to capture demand from both business and leisure travelers. The hotel features extensive meeting and event space, ideal for corporate events, conferences, and social gatherings, which bolsters its appeal to group bookings. Guests enjoy a range of amenities, including an on-site restaurant, fitness facilities, and ample parking, making it particularly attractive for extended stays and business travel. Fargo’s economy continues to expand, driven by strong healthcare, technology, and retail sectors, creating a stable demand base for the hospitality industry. Recognized as one of the top small cities for business, Fargo’s ongoing growth enhances the Ramada’s revenue potential. As part of the Wyndham brand, the property benefits from high brand recognition and access to Wyndham’s global distribution and loyalty program, further driving occupancy and positioning it for long-term success.
Investment highlights
Listed at $6 million, representing 1.78x gross revenue multiplier
3 Story - Interrior Corridor Property
Prime Fargo Location - Near major demand drivers, including NDSU, healthcare centers, and corporate offices
10,000+ Sq. Ft. of Meeting Space - Ideal for conferences, events, and group bookings
Growing Market - Positioned to benefit from Fargo’s expanding healthcare, tech, and education sectors
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