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1950 Rahncliff Ct
Eagan, MN 55122

The I-35 Adjacent Norwood Inn & Suites · Hospitality Property For Sale · 72,830 SF

Investment Highlights

  • The Eagan Norwood Inn and Suites is an excellent opportunity to acquire a 118-room independent hotel with immediate connections to Minneapolis.
  • Rare value-add hospitality property offered fee simple with operational upside, alongside the ability to explore potential flag conversions.
  • Offers new ownership access to the thriving and constantly improving Minneapolis Hospitality Market with raising occupancy and RevPAR rates.
  • Prime location along a prominent commercial corridor located at the exit of the heavily traveled interstate 35 that sees over 68,000 vehicles daily.
  • Located just 15 minutes from the crucial transportation and travel hub of Minneapolis-St. Paul International Airport.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.50 AC
Building Size 72,830 SF
No. Stories 2
Year Built/Renovated 1994/2005
Parking Ratio 1.77/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-62728-01-010
Land Assessment
$1,554,900
Improvements Assessment
$2,216,700
Total Assessment
$3,771,600

zoning

Zoning Code PD
PD
  • Listing ID: 32213498

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 1950 Rahncliff Ct, Eagan, MN 55122

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