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

55 Woodlake Dr SE
Rochester, MN 55904
ESA Rochester MN · Hospitality Property For Sale · 43,544 SF

Investment Highlights

  • Fee simple interest in the corporate owned and corporate managed 98-room Extended Stay America (ESA) South Rochester, 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 13. 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 +15%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.94 AC
Building Size 43,544 SF
No. Stories 3
Year Built/Renovated 2001/2004
Tenancy Single
Parking Ratio 2.5/1,000 SF
Corridor Interior
Zoning Pending Zoning
Parcel Number 64.23.14.069159

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Listing ID: 28676568

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 55 Woodlake Dr SE, Rochester, MN 55904

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