4675 White Bear Pky - Hospitality FOR SALE


White Bear Lake, MN 55110
$4,350,000 USD
414-274-1682
4675 White Bear Pky, White Bear Lake, MN for Sale
$4,350,000 USD
Hospitality - FOR SALE
1/51
null | Request Cap Rate

4675 White Bear Pky
White Bear Lake, MN 55110


HIGHLIGHTS

  • 49 rooms, 2 stories, built in 1998, renovated in 2025
  • Excellent Year End 2025 T12 Performance: Almost $1.1M in Room Revenue: $341K NOI; 58.9% Occupancy @ $103.86 ADR ($61.17 RevPAR) – Year End 2025
  • Opportunity for Growth – Owner PIP Completed in 2025: Most Recently renovated rooms in the competitive set; Operating upside for a hands-on owner/Opr
  • Minimal near term capital expenditures expected for a new owner – ideal turnkey acquisition with excellent in place performance
  • Conveniently located off of Interstate 35E (AADT of 62,800) - 10 miles from downtown St. Paul, and less than 17 miles from Downtown Minneapolis
  • 12 miles from St. Paul Downtown Airport (STP), and 18 miles from Minneapolis-Saint Paul International Airport (MSP)

OVERVIEW

On behalf of the ownership, CBRE Hotels is pleased to be the exclusive agent for the sale of the fee-simple interest in the recently renovated 49-room AmericInn by Wyndham in White Bear Lake, Minnesota. Strategically positioned directly off Interstate 35E at Exit 117 along White Bear Parkway, the property offers excellent regional connectivity to the Greater Twin Cities metropolitan area. Its direct access to I-35E places guests just a short drive from downtown Saint Paul and Minneapolis, major stadiums, universities, business districts, and leading regional attractions. For travelers seeking comfort, convenience, and lakeside leisure near the urban core, the AmericInn by Wyndham White Bear Lake is ideally positioned to capture both local and regional demand. White Bear Lake is supported by several well-established and fast-growing corporate demand drivers across manufacturing, engineering, medical devices, chemicals, and business services. Major employers in the area include Wilson Tool International, Trane Controls, TitleSmart, Reell Precision Manufacturing, Interplastic Corporation, H.B. Fuller Company, Smarte Carte, Multifeeder Technology, SEH Inc., and the Constellation Business Center. Situated just minutes from the downtown area and lakefront of White Bear Lake – a 2,500- acre lake – the AmericInn enjoys consistent leisure demand fueled by a variety of locally owned shops, restaurants, cafes, and entertainment venues. Additionally, seasonal community events and outdoor recreational activities such as boating, fishing, ice fishing, hiking, and snowmobiling further enhance its appeal. In addition to local demand generators, White Bear Lake also benefits from its proximity to major regional leisure, government, healthcare, educational, and corporate demand generators, including the Minnesota State Capitol, Union Depot, Xcel Energy Center (home of the Minnesota Wild), CHS Field (home of the St. Paul Saints), Regions Hospital, United Hospital, Wells Fargo, 3M Company, among others. The region is further strengthened by a large network of higher education institutions throughout the Twin Cities. This diverse demand base enables the AmericInn to capture consistent year-round lodging from both leisure and business travelers seeking a quiet, safe, suburban alternative to downtown accommodations, while maintaining excellent metropolitan accessibility, just 10 miles from downtown Saint Paul and less than 20 miles from downtown Minneapolis. With a full renovation completed in 2025 (owner completed the AmericInn PIP with the exception of the mattresses), the property is well-positioned for continued RevPAR growth. Following the renovation, year-end 2025 performance reached a RevPAR of $61.17, supported by 58.9% occupancy at an ADR of $103.86. Offered unencumbered of management and supported by strong in-place NOI, the AmericInn presents a compelling investment opportunity given the strength of the White Bear Lake market and the minimal near-term capital expenditures expected for a new owner.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$168 USD /SF

# OF ROOMS

49

PRICE/ROOM

$88,776 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AmericInn by Wyndham White Bear Lake St. Paul

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

53

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

Unrestricted

APN/PARCEL ID

16-30-22-43-0020

ASK ABOUT THIS PROPERTY

Maxx RohdeCBRE, Inc.More Info
414-274-1682

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Maxx RohdeCBRE, Inc.More Info
414-274-1682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.