303-250-8338
1211 2nd St SW
Rochester, MN 55902
Kutzky Park
HIGHLIGHTS
- Value-add opportunity to enhance two well-performing independent hotels with 134 total keys in the high-growth, high-demand Rochester, MN, market.
- Prime location directly across from The Mayo Clinic / St. Mary’s Hospital and along the new Link Transit system connecting both Mayo campuses.
- Benefits from the upcoming $5 billion expansion and upgrade of The Mayo Clinic, poised to bring approx. 2,000 temporary workers to the area.
- Aspen Select can be repositioned as an upscale boutique hotel, attracting high-paying guests and generating an elevated RevPAR.
- Newly announced 160-acre Rochester Sports Complex just 10 minutes away, creating new weekend demand for accommodations that will be welcomed.
- Upside Opportunity to introduce parking fees, with just a $10+/day charge could an added $300K to the NOI which is below Comp Set parking rates.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Aspen Select and Aspen Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
-
BUILDING CLASS
-
YEAR BUILT
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
303-250-8338
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
303-250-8338
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
