Listing Agents
Lora Simpson
T | 515.729-4516
lsimpson@paramountlodging.com
Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and third-party managed Country Inn & Suites Rochester, MN
- Available for individual sale as part of a larger 18-property institutional portfolio sale in the July 28th auction event via Ten-X
- Offered unencumbered by debt and management with the ability to retain the Country Inn & Suites flag upon brand approval and completion of the PIP
- Significant operating improvement prospects following completion of the PIP and transfer to a regional owner/operator model with strong local economies of scale
- Adjacent to US Highway 52 with upwards of 52,000 vehicles passing the location daily
- Located within minutes of the world-renowned Mayo Clinic Rochester, the original and largest Mayo Clinic campus, currently undergoing a $200MM expansion to its Proton Beam Therapy Program
- Proximate to all core local and regional demand including downtown Rochester, IBM Rochester, Graham Arena Complex, Mayo Civic Center, Quarry Hill Nature Center, and Rochester International Airport