Hotels for Sale

BAYMONT INN COON RAPIDS, MN

Address:
Coon Rapids, Minnesota
Description:
  • Fee simple interest in the 59-room former Fairfield Inn Coon Rapids, MN available at a fraction of replacement cost
  • Property offered for individual sale through Ten-X as part of a larger portfolio sale on August 22nd
  • Available unencumbered of debt and third-party management with scheduled rebranding to Baymont Inn by Wyndham in late July 2018
  • Seller has pre-negotiated franchise terms with Wyndham including the buyer option for reduced royalty fees or key money payment
  • Financing available with upwards of 80% 'Loan to Cost' (LTC) for qualified bidders
  • Minimal Baymont Inn by Wyndham change of ownership PIP expected upon transfer of franchise and sale of asset
  • Situated adjacent to Highway 47 with direct visibility and easy accessibility to the upwards of 24,000 cars passing the location daily
  • Optimal location in the heart of the Coon Rapids and ideally situated within five miles of the area's largest employers including Honeywell, Medtronic, ThermoFischer and Cummins Power Generation
  • Located just 15 minutes from Downtown Minneapolis and proximate to all demands including National Sports Center (world’s largest amateur sports facility), Northtown Mall, Bunker Hills Golf Course, Mall of America, Target Center Arena, US Bank Stadium and Minneapolis-Saint Paul International Airport

Listing Agents

Subu Thiagarajan
T: 510.205.7931
Email
DRE #01891134

Suzanna Farley Aldrich
T: 406.478.3010
Email

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