Major Renovations Recently Completed

A comprehensive $1.3 million PIP was completed within the past year, satisfying AmericInn's Pursuit Design PIP and fully transforming all guestrooms, along with the addition of a sundries store. As a result, any required Change-of-Ownership PIP is expected to be minimal, enabling a new investor to prioritize operational enhancements from day one rather than undertaking additional renovations.

Significant Upside Opportunity with On-Site Ownership

Current ownership is absent from the everyday operations of the Hotel. An improved, hands-on revenue management strategy can be implemented to drive revenue growth by increasing rate, while containing expenses, increasing cash flow to the bottom line.

Excellent Location Near Diverse Demand Generators

The Hotel is ideally located near major corporate offices such as Medtronic, Cummins, and Fiserv. Guests also benefit from direct access to the adjacent Mermaid Entertainment & Event Center, which features two ballrooms, 32 bowling lanes, an arcade, and a full-service bar and grill. The former Twin Cities Army Ammunition Plant (TCAAP), located on the east side of I-35W near the Hotel, is currently being redeveloped into Rice Creek Commons, a major, mixed-use development for the Twin Cities. Additionally, the Hotel is less than six miles from the National Sports Center, the world’s largest youth sports complex.

Upside on Both Top and Bottom Line

As of the May 2025 TTM period, the Hotel’s RevPAR index is below 100%, indicating there is significant opportunity for a new investor to drive RevPAR growth, particularly by boosting occupancy rates. With on-site ownership and management, there is also strong potential to substantially improve NOI margins and overall profitability.

Unencumbered by Management

The Hotel is being offered unencumbered by a management group, allowing for a new Owner to bring in a new management company or to act as an owner/operator of the Property.

Fee Simple Interest