Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport

1330 Northland Dr, Mendota Heights, MN 55120

Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport

Bidding Starts In:

44 days : 20 hours : 48 mins : 6 secs

Auction Starts:

Oct 26, 2026 12:00 PM

Auction Ends:

Oct 28, 2026 01:00 PM

Starting Bid:

$1,550,000

The Exchange Fee is the greater of 5% or a minimum $25,000. Auction FAQs

Institutional Sale | Fairfield Inn & Suites Minneapolis-St. Paul Airport

1330 Northland Dr, Mendota Heights, MN 55120

Asset Type: Real Estate

Estate: Fee Simple

Year Renovated: 2016

Number of Floors: 4

Hotel Type: Select Service

Property Type: Hospitality

Year Built: 2001

Land Area: 2.28 Acres

Parking Count: 109

Number of Rooms: 118

Investment Highlights

  • Fee simple interest in the institutionally owned and third-party-managed, 118-room Fairfield Inn & Suites Minneapolis-St. Paul Airport in Mendota Heights, Minnesota

  • Available for purchase via the October 28th auction with Apex Commercial Exchange

  • Offered unencumbered by management and debt, at a significant discount to replacement cost

  • New ownership can retain the Fairfield Inn & Suites brand through a relicense agreement with Marriott

  • T12 RevPAR growth of 14%+, underscoring healthy in-place performance fundamentals

  • Strong operational upside in transitioning the asset out of institutional ownership and completing the PIP to better position the property against the comp set

Offering Summary

Apex Commercial Exchange is pleased to present an exceptional opportunity to acquire the Fairfield Inn & Suites Minneapolis-St. Paul Airport, a premium upper-midscale hospitality asset strategically positioned at 1330 Northland Drive in Mendota Heights, Minnesota. This well-maintained, 118-room property represents a compelling investment in one of the nation's most dynamic airport corridor markets, offering stable cash flow, strong operational fundamentals, and significant upside potential driven by regional economic expansion and constrained competitive supply.

LOCATION HIGHLIGHTS

  • Within the I-494 airport corridor—readily accessible via I-35E and Highway 55 to Eagan, Bloomington, and the broader Twin Cities region

  • Minutes from Minneapolis–Saint Paul International Airport (MSP) via complimentary airport shuttle

  • Proximate to Eagan—60,000 people working across 2,000+ businesses

  • Proximate to Minneapolis–Saint Paul Air Reserve Station—home to the approximately 1,600-person 934th Airlift Wing and the 1,200+ Airmen of the 133rd Airlift Wing

  • Readily accessible to Patterson Companies, Solventum, Prime Therapeutics, Blue Cross and Blue Shield of Minnesota, and Ecolab

  • Near Viking Lakes—home to the Minnesota Vikings' world headquarters, Training Camp, and the 14,000-square-foot Vikings Museum

  • Convenient to Mall of America—40 million+ annual visitors and 400+ events—plus Nickelodeon Universe, SEA LIFE, and the broader Bloomington entertainment district

MARKET HIGHLIGHTS

  • $750 million in active and planned I-494 improvements will expand E-ZPass capacity and improve regional access through 2030

  • MSP served 36+ million passengers in 2025—supported by ~$570 million in Concourse G and Terminal 2 North expansions now underway through 2028

  • Solventum's $200 million Eagan consolidation opened in April 2026, establishing the company's global headquarters and R&D hub and employing more than 1,800 Minnesotans

  • The former Thomson Reuters campus in Eagan is redeveloping into a logistics hub, anchored by the approximately three-million-square-foot Amazon Distribution Center now under construction

  • In 2025, the Downtown Saint Paul arena and convention complex drew 2 million+ visitors across nearly 400 events, and the Minneapolis Convention Center hosted 188 events and nearly 660,000 attendees—creating recurring regional demand compression

  • Ecolab's $500 million Schuman Campus investment will add 82,200 square feet of R&D, laboratory, and customer-experience space—retaining its approximately 800-person Eagan workforce

  • No new competitive rooms are under construction in the Upper Midscale St Paul–Minneapolis submarket, supporting a constrained near-term supply outlook

Auction Sale Terms

  • Non-contingent
  • Earnest Money Deposit: 10% of the Purchase Price (minimum of $20,000) due on the following day of the auction closing no later than 5pm EST
  • Exchange Fee: The Exchange Fee is the greater of 5% or a minimum $25,000

Auction FAQs

Investment Sales Broker

Jennifer Stein

Jennifer Stein

Jennifer Stein Real Estate, Inc.

MN License: 40989981

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

ACE Auction Advisor

Kevin Lipson

Kevin Lipson

Apex Commercial Exchange

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

Cameron George

Cameron George

Apex Commercial Exchange

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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