Med City Inn & Suites
Hospitality | 118 Keys | $55,085/key
Marketing description
Med City Inn & Suites is located at Highway 52 and 14, in the entry to downtown Rochester with close proximity to the Mayo Clinic, St. Mary’s, Miracle Mile Shopping Center, a short drive from Apache Mall and easy highway access.
This is an excellent, and rare, opportunity to acquire in operating hotel in a strong sub-market just minutes from Mayo and the St. Mary’s Campus.
There are approximately 3-million visitors to Rochester every year and 2-million visitors to the Mayo Clinic every year.
Investment highlights
Opportunity to acquire a value-add hotel/motel or redevelopment into short/mid-length limited service lodging;
Famous Dave’s restaurant is on a NNN lease offering stable predictable cash flow. Famous Dave’s has a new owner as of spring 2025 and has long-term commitment to this site;
118 guest rooms, sized between 300-390 SF;
Room configuration: 39-executive double queen, 3 ADA double queen, 7 junior double queen w/kitchenette, 54-double queen, 4 junior king suite w/kitchenette, 4 executive king, 2 king, 2 jacuzzi suite;
Business center, free WiFi, indoor hot tub and pool, on-site restaurant;
4-star Google rating;
Portion of the rooms already have kitchenette making these rooms a good option for longer-term stays;
The remaining rooms can be converted into long-term options by adding kitchenettes to each room;
Large parcel size - over 4 acres;
Easy highway access, walkable to shopping and the Mayo Clinic corridor;
Brand options- option to flag the hotel for better name recognition, access to flag booking system;
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