Marketplace
Accepting offers
Holiday Inn Express & Suites Bloomington West
Bloomington, MinnesotaSelect-service hotelAccepting indications of interest
- Price guidance
- $27.9M guidance
- Keys
- 171
- TTM revenue
- $6.9M
- NOI
- $2.3M
- Occupancy
- 69%
- ADR
- $144
- RevPAR
- $99
- Cap rate
- 8.1%
Public summary
171-key Holiday Inn Express hotel in Bloomington, MN. Upper-midscale select-service asset with branded distribution and Bloomington, Minnesota demand drivers.
- Holiday Inn Express flag with national reservation distribution
- Upper-midscale select-service operating model in the Bloomington market
- 171 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Bloomington, Minnesota draws corporate, leisure, and event demand that supports the Holiday Inn Express flag.
Asset
Select-service hotel operating under the Holiday Inn Express brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- —
- Last renovated
- —
- Brand class
- Upper-midscale select-service
- Brand family
- IHG
- Keys
- 171
- Address
- Bloomington, Minnesota — full address shared with approved buyers