Ramada Fargo Sells for $4.1M Following Foreclosure, Eyes Immediate Renovations
“We are not closing our doors,” Ramada Fargo General Manager Jessica Lamar told InForum regarding rumors that may have gotten mixed with Bismarck’s closure.
While one North Dakota hospitality landmark prepares to vanish from the map, another is securing its footing on the south side of Fargo. The Ramada Hotel at 3333 13th Ave. S. officially changed hands in a $4.1 million transaction, bringing an end to a period of uncertainty sparked by foreclosure proceedings involving the property’s previous ownership. The sale involves a warranty deed signed on October 30 between GHM Fargo Holdings Co. LLC and Akshar Fargo LLC, a company with a mailing address in Irving, Texas.
The ownership shift comes as a stark contrast to sister operations elsewhere in the state. Just down the road in Bismarck, the Ramada Hotel located at 1400 E. Interchange Ave. is scheduled to close permanently on November 9, with demolition of the building expected to follow. Staff at the Fargo property confirmed the contrasting timelines to InForum, emphasizing that the Fargo and Bismarck locations remain entirely unconnected business entities despite sharing a brand name under Wyndham Hotels & Resorts.
Liquor License Transfer Reveals Financial Restructuring
The path to the multimillion-dollar sale became public during an October 21 Fargo Liquor Control Board meeting. Mayor Josh Boschee informed board members that the transfer of the hotel’s Class ABH liquor license was tied directly to a foreclosure action, confirming that a sale to fresh ownership was actively pending.
Records from that meeting show the board officially approved transferring the license from Fargo Doublewood Inn LLP to GHM Fargo Holding Co. LLC. Days later, the Cass County warranty deed finalized the transaction with Akshar Fargo LLC at the $4.1 million valuation. Despite the corporate shuffling at the top, Lamar confirmed that day-to-day local management will remain unchanged at the 13th Avenue property.
A Familiar Community Hub Prepares for a Facelift
Over decades of operation, the 13th Avenue hotel has embedded itself into the civic and social routine of the city. Beyond standard lodging, the sprawling venue has functioned as a dependable gathering space for local weddings, class reunions, hobby expos, and card shows. Most recently, the building served as an official polling location for Fargo voters during the November 3 election, maintaining a civic duty it has carried out for years.
Inside the building, O’Clevy’s Drinks & Eats operates as an active sports bar hosting bingo nights, sports watch parties, and live entertainment. Management insists these community fixtures will remain uninterrupted as physical upgrades begin.

Permits filed with the city point to immediate interior improvements. A building permit issued on October 14 details a $45,000 commercial interior remodel designed to convert the existing business center into a new ADA-accessible restroom, alongside minor plumbing updates in the adjacent men’s restroom. The scope calls for non-structural selective demolition, new non-load-bearing walls, and fixture upgrades without altering the building’s footprint or overall occupancy.
“We, the staff, are excited for the changes that are coming,” Lamar said. “The hotel has been here for a really long time; we have a lot of really good features, but we are in need of a really good facelift.”
Renovations Underway as Guests Maintain Reservations
Bathroom renovations addressing updated accessibility standards already started last month, serving as the opening phase of a broader modernization effort. Additional renovation permits have been submitted to the brand for approval, though neither a total budget nor a firm completion timeline has been made public yet.
For travelers and event organizers with existing plans on the calendar, management has issued clear assurances. All current room reservations and scheduled functions will proceed exactly as planned under business-as-usual conditions. New leadership has also initiated outreach to the hotel staff, actively gathering historical guest feedback to direct where the upcoming capital improvements should focus first.