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- LoopNet Team
3045 Centre Pointe Dr
Saint Paul, MN 55113
Fairfield Inn & Suites Minneapolis St. Paul · Hospitality Property For Sale
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36,795 SF
INVESTMENT HIGHLIGHTS
- The Marriott-branded hotel is a three-story, 79-room, limited-service property built in 1998.
- Minneapolis-Saint Paul International Airport is located 14.5 miles away from the subject property.
- The hotel comes well-equipped with convenience store, indoor pool, laundry, fitness center, and breakfast area with free hot breakfast.
- Located along the I-35W corridor, the property is highly visible from the expressway with over 91,962 vehicles passing daily on average.
- Currently institutionally owned and third-party managed, a new owner-operator can see potential upside through a reduction in operational expenses
- The Property is offered fee simple and unencumbered by any management contracts or existing debt.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2009 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.21 AC | Parking Ratio | 2.42/1,000 SF |
| Building Size | 36,795 SF | Corridor | Interior |
| Zoning | PUD | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.21 AC |
| Building Size | 36,795 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2009 |
| Tenancy | Single |
| Parking Ratio | 2.42/1,000 SF |
| Corridor | Interior |
| Zoning | PUD |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 3045 CENTRE POINTE DR , SAINT PAUL, MN 55113
The hotel is positioned within the Minneapolis-Saint Paul MSA. It is one of two Twin Cities suburbs that are adjacent to both Saint Paul and Minneapolis. Roseville’s property taxes are some of the lowest in the Twin Cities metropolitan area, owing in part to the extensive commercially zoned land. The city’s per-capita retail spending is slightly higher than that of Bloomington (home of the Mall of America), and it has the greatest number of restaurants per capita in the area. DIVERSE DEMAND GENERATORS: Bent Brewstillery (1.7 Miles), High Pines Brewing (2.3 Miles), University of Northwestern – St. Paul (1.5 Miles), Mall of America (15.7 Miles), Bethel University (2.7 Miles), GameZenter (1.6 Miles), Guidant John Rose MN Oval (3.1 Miles), Target Field (8.3 Miles), U.S. Bank Stadium (7.3 Miles), Target Center (8.5 Miles), Xcel Energy Center (11.7 Miles), University of Minnesota (5.9 Miles), SeaQuest (2.2 Miles), and Como Park Zoo & Conservatory and Como Town Amusement Park (5.5 Miles).
PROPERTY TAXES
| Parcel Number | 05-29-23-11-0036 | Improvements Assessment | $3,672,900 |
| Land Assessment | $927,100 | Total Assessment | $4,600,000 |
PROPERTY TAXES
