M&M ARRANGES $2.2M SALE OF 50-ROOM HOTEL

by admin

RED WING, MINN. — Marcus & Millichap has arranged the $2.2 million sale of Best Western Rivertown Inn & Suites, a 50-room hotel in Red Wing, a city in southeast Minnesota. Jon Ruzicka, an investment specialist, and Gordon Allred, first vice president at Marcus & Millichap, represented the buyer and the seller, both Minnesotata-based limited liability companies. Best Western Rivertown Inn & Suites is located at 752 Withers Harbor Drive.

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