2550 Freeway Blvd - Hospitality FOR SALE
Brooklyn Center, MN 55430 |
2550 Freeway Blvd
Brooklyn Center, MN 55430
HIGHLIGHTS
- 2550 Freeway Boulevard is the rare offering of an 84-key Country Inn & Suites in Brooklyn Center, a northern suburb of Minneapolis, Minnesota.
- Fantastic location just 15 minutes from Downtown Minneapolis, with access to key demand drivers such as U.S Bank Stadium and The Target Center.
- Offered unencumbered of brand, management, and debt, providing investors the ability to implement their own management strategies and initiatives.
- The hotel enjoys a highly visible and accessible location off I-94 that sees over 125,000 vehicles per day and is in immediate proximity to TopGolf.
- Current ownership completed an extensive $3.9 million renovation of the hotel that significantly improved both guestrooms and public spaces.
- With limited new supply coming into the market and a single hotel underway, this asset is positioned for continued outsized RevPAR performance.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Country Inn & Suites By Radisson, Brooklyn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
47665
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1997
PARKING SPACES
286
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
PUD/I-1
APN/PARCEL ID
35-119-21-24-0008
