La Quinta Inn Minneapolis Airport Bloomington, MN

Listing Agents

Lora Simpson
T | 515.729-4516
lsimpson@paramountlodging.com

Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com

Detailed Information
Property Highlights
  • Corporate owned and, until recently, Wyndham-managed 187-room La Quinta Inn Minneapolis Airport Bloomington, MN
  • Seller will convey the leasehold interest in this asset during the September 8th auction event on Ten-X
  • Property offered with very advantageous PIP treatment transferrable to Buyer
  • Property is being offered unencumbered of debt and management
  • Significant upside for prospective buyers with a local/regionally-focused operational strategy and market knowledge
  • Ability to relicense the La Quinta Inn flag with pre-negotiated very limited PIP obligation that is transferable to buyer
  • Situated along the heavily trafficked American Blvd. with easy access and visibility from Interstate 494, a location passed by upwards of 150,000 vehicles daily
  • Located two miles from the world-renowned Mall of America, the largest mall in the U.S., hosting 40MM visitors annually and generating $2B in economic impact
  • Conveniently positioned just three miles from the Minneapolis-St. Paul International Airport, the country’s 13th busiest airport in 2021 serving nearly 13MM passengers
  • Proximate to all local and regional demand including US Bank Stadium, Target Center, University of Minnesota, and numerous Fortune 500 headquarters for US Bank, Target, Xcel Energy, Ameriprise Financial, and Thrivent Financial
  • Ideal time to be investing in Bloomington along side the new $430MM, 360k SF Mystery Cove indoor waterpark attraction breaking ground this fall at the Mall of America
Location