Marcus & Millichap Brokers 96‑Room Country Inn Sale in Fergus Falls

Marcus & Millichap announced on March 5, 2026 that the brokerage’s Minneapolis investment team closed the sale of the 96-room Country Inn & Suites at 925 Western Ave in Fergus Falls, a property directly connected to the city-owned Bigwood Event Center. The announcement supplied to this newsroom ends mid-sentence; the supplied copy stops after the words "was ma," and does not include sale price, buyer, seller, listing agents or financing details.

The Fergus Falls hotel sits adjacent to Bigwood Event Center, making the transaction immediately relevant to municipal event planners and to groups that book conventions and banquets in Fergus Falls. The announcement lists the address and room count but gives no information about whether the property will continue operating under the Country Inn & Suites brand or about any planned renovations, so questions remain about future operations and access between the hotel and the event center.

Marcus & Millichap’s Minneapolis team has a recent track record of regional hospitality deals that provides context for the Fergus Falls closing. A previous Marcus & Millichap transaction described in regional real estate reports was the sale of a 69-room Country Inn & Suites at 1315 Associates Drive in Dubuque, Iowa, which was marketed by Jon Ruzicka and Jake M. Erickson of Marcus & Millichap’s Minneapolis office and noted as the Minneapolis office’s 36th hospitality property transaction closed since 2013. Separately, Marcus & Millichap materials show other Midwest Country Inn & Suites sales and listings, including a 65-room sale in Fond du Lac, Wisconsin, and a 66-room Country Inn & Suites in Little Chute, Wisconsin reported on Jan. 7, 2024 at 130 Patriot Drive.

Industry examples from Marcus & Millichap’s broader practice underscore investor appetite in hospitality assets. In a Marcus & Millichap-handled sale in Murrells Inlet, South Carolina, Hotelmanagement quoted associate Terrence Jefferson saying, "This was a unique opportunity to assist an out‑of‑state owner in navigating a competitive market. We generated significant interest with more than 15 tours and over 10 offers, ultimately securing a 1031 exchange buyer. The Murrells Inlet area continues to attract investor attention due to its proximity to Myrtle Beach, strong RevPAR, and limited competition compared to neighboring submarkets."

Key transactional facts remain to be disclosed for Fergus Falls. The March 5, 2026 announcement does not name the buyer, seller, sale price, closing date beyond the announcement, or the individual Minneapolis brokers on the deal. City of Fergus Falls officials and the Otter Tail County property records will be the next sources to confirm deed recording, buyer identity and the effective date of ownership transfer.

Pending release of the full Marcus & Millichap press release and county deed records, the sale stands as a confirmed closed transaction of a 96-room hotel at 925 Western Ave connected to the Bigwood Event Center and signals continued investor activity in regional hospitality markets; more complete transaction terms and operational plans will determine local economic and event-hosting implications.