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Home News

Baymont by Wyndham Grand Forks Has Been Acquired

by Hotel Magazine
November 28, 2024
in News
Reading Time: 1 min read
A A

Baymont by Wyndham Grand Forks Changes Ownership

Marcus & Millichap, a prominent commercial real estate brokerage firm renowned for its expertise in investment sales, financing, research, and advisory services, has successfully facilitated the sale of the Baymont by Wyndham Grand Forks. This four-story hotel features 91 rooms and is strategically situated in Grand Forks, ND. The transaction was exclusively marketed by Marcus
& Millichap’s own Bina Dhanji and Skyler Cooper from the Miller-Gomes Hotel Team on behalf of the seller, an out-of-state limited liability company. The buyer, also an out-of-state limited liability company, was identified and secured
by Chris Gomes. Todd Lindblom serves as Marcus & Millichap’s broker of record in North Dakota.

“Congratulations to all parties involved,” stated Dhanji. “Working together as a team helped facilitate a smooth transaction.”

Opened in 2015, the Baymont by Wyndham is conveniently located near Interstate 29, directly across from the Alerus Center and less than a mile from the University of North Dakota. This well-appointed property boasts an array of amenities, including an on-site restaurant, indoor pool, fitness center, business center, guest laundry facilities, and ample parking available for buses, trucks, and recreational vehicles.

The successful transition of ownership reflects the ongoing demand for quality hospitality properties in attractive locations, ensuring continued growth and opportunity within the industry.

For further information, please visit our Source

Tags: AcquiredBaymontForksGrandWyndham
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