Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport

Highlights:

• Fee simple interest in the institutionally owned and third-party-managed, 118-room Fairfield Inn & Suites Minneapolis-St. Paul Airport in Mendota Heights, Minnesota
• Available for purchase via the October 28th auction with Apex Commercial Exchange
• Offered unencumbered by management and debt, at a significant discount to replacement cost
• New ownership can retain the Fairfield Inn & Suites brand through a relicense agreement with Marriott
• T12 RevPAR growth of 14%+, underscoring healthy in-place performance fundamentals
• Strong operational upside in transitioning the asset out of institutional ownership and completing the PIP to better position the property against the comp set

Description:

Apex Commercial Exchange is pleased to present an exceptional opportunity to acquire the Fairfield Inn & Suites Minneapolis-St. Paul Airport, a premium upper-midscale hospitality asset strategically positioned at 1330 Northland Drive in Mendota Heights, Minnesota. This well-maintained, 118-room property represents a compelling investment in one of the nation's most dynamic airport corridor markets, offering stable cash flow, strong operational fundamentals, and significant upside potential driven by regional economic expansion and constrained competitive supply.

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