Fairfield Inn & Suites Minneapolis St. Paul 3045 Centre Pointe Dr N 79 Room Hotel Roseville, MN 55113 $6,995,000 ($88,544/Room) 3.70% Cap Rate

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Fairfield Inn & Suites Minneapolis St. Paul/Roseville, a 79-
room, historically institutionally owned Marriott-branded asset strategically located at 3045 Centre Pointe Drive in the heart of the Twin Cities
metropolitan area. Offered at $6,995,000, or approximately $88,000 per key, the Property represents a rare opportunity to acquire a recently
renovated, premium select-service hotel at a significant discount to replacement cost in a high-barrier-to-entry submarket.
The Property completed a comprehensive change of ownership PIP in 2025 at a cost of nearly $2.0 million dollars. Prior to that, ownership
secured a new 10-year franchise agreement with Marriott International, minimizing near-term capital expenditure requirements. Historically
owned by institutional groups and operated by third-party management, the Hotel transitioned to experienced owner-operators in 2025, and the
impact is already evident in improved revenue generation and profitability through more hands-on management.
Performance metrics highlight this momentum, with Year-to-Date 2026 RevPAR increasing by over 30% following PIP completion and
operational enhancements. The Hotel is on pace to generate in excess of $2.0 million in room revenue for 2026, signaling continued upside as
operations are further optimized.
The Fairfield Inn & Suites benefits from its central Roseville location between downtown Minneapolis and St. Paul, with immediate access to
Interstate 35W and Highway 36, which together carry traffic counts exceeding 150,000 vehicles per day. The area is supported by major demand
drivers including Boston Scientific, Medtronic, Target Corporation, and the University of Minnesota, located just minutes away. Additional
demand is generated by Rosedale Center, a premier regional retail destination, along with nearby healthcare facilities and corporate offices. The
Minnesota State Fair held in adjacent Falcon Heights assures the entire direct area surrounding Roseville of sold out status for nearly two weeks
every year.
The Minneapolis–St. Paul MSA is one of the Midwest’s strongest economic regions, anchored by a diverse base of Fortune 500 companies across
healthcare, manufacturing, finance, and technology. The Roseville submarket benefits from its central positioning and accessibility, with hotel
occupancy in the Twin Cities generally in the mid-60% range and ADR trends remaining stable to growing.
With its recent renovation, long-term Marriott affiliation, improving performance, and attractive basis, the Fairfield Inn & Suites Minneapolis St.
Paul/Roseville presents a compelling opportunity for investors seeking both stability and upside in a top-tier Midwest market.