This Hospitality Property is no longer advertised on LoopNet.com.

2701 Freeway Blvd
Brooklyn Center, MN 55430

ESA Brooklyn Ctr Minneapolis MN · Hospitality Property For Sale · 45,450 SF

INVESTMENT HIGHLIGHTS

  • Fee simple interest in the corporate-owned and corporate-managed 104-room Extended Stay America (ESA) Minneapolis Brooklyn Center, MN.
  • Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 11 & 12. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong in-place performance with trailing-24-month year-over-year average ADR gains of +19%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or other use pending zoning and municipality approval.

PROPERTY FACTS

Sale Condition Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.68 AC
Building Size 45,450 SF
No. Stories 3
Year Built/Renovated 1998/2024
Tenancy Single
Parking Ratio 1.58/1,000 SF
Corridor Interior

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

PROPERTY TAXES

ZONING

Zoning Code C-2
  • Listing ID: 28675977

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 2701 Freeway Blvd, Brooklyn Center, MN 55430