Marketplace
NDA required
Home2 Suites by Hilton Minneapolis Downtown
Minneapolis, MinnesotaExtended-stay hotelAccess requests reviewed weekly
- Price guidance
- $39.6M guidance
- Keys
- 203
- TTM revenue
- $9.3M
- NOI
- $3.2M
- Occupancy
- 71%
- ADR
- $159
- RevPAR
- $113
- Cap rate
- 8.0%
Public summary
203-key Home2 Suites by Hilton hotel in Minneapolis, MN. Upper-midscale extended-stay asset with branded distribution and Minneapolis, Minnesota demand drivers.
- Home2 Suites by Hilton flag with national reservation distribution
- Upper-midscale extended-stay operating model in the Minneapolis market
- 203 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
Minneapolis, Minnesota draws corporate, leisure, and event demand that supports the Home2 Suites by Hilton flag.
Asset
Extended-stay hotel operating under the Home2 Suites by Hilton 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 extended-stay
- Brand family
- Hilton
- Keys
- 203
- Address
- Minneapolis, MN