Investment Overview

Marcus & Millichap is proud to serve as the Exclusive Broker and Advisor for the marketing of the Best Western Plus Blaine at the National Sports Center. This limited-service all-suite hotel is located in a highly desirable metropolitan area, benefiting from its strategic proximity to the world's largest amateur sports and meeting facility, which attracts over four million visitors annually. This prime location supports consistent revenue generation and offers significant ROI potential. The hotel has consistently achieved high ADR which is currently in excess of $155 leading to room revenue of nearly $3 million. An ideal franchise status allows an investor to maintain brand affiliation of which the hotel qualifies for Best Western’s auto transfer which leads to a greatly minimized incoming Buyer PIP. The opportunity to re-brand with minimal liquidated damages also exists with multiple PIPs in hand from Franchisors aggressively pursuing this hotel in this location. The Best Western Plus Blaine offers 98 oversized suites with modern design and a diverse range of room configurations to choose from, attracting many extended stay guests. Travelers enjoy in-room amenities, including kitchenette’s with refrigerators and microwaves, coffee and tea makers, desk space and work areas, satellite TV, irons and ironing boards, as well as in room spa and mini bar availability. Adding value to the investment, the hotel attracts travelers with sought-after onsite amenities such as large indoor heated pool, hot tub, and a separate zero-depth entry wading pool, as well as an arcade room, complimentary breakfast, fitness center, guest laundry, business center, a meeting room, and a sundry store for convenience. The hotels benefits from outstanding locational advantages in a thriving economic hub. Employment figures are on the rise, with an estimated 31,000 new jobs projected in the next five years, joining the existing 1,400 businesses in the area, including Aveda Corporation, Infinite Campus, Dayton Rogers Manufacturing Company, and Bermo, Inc. Adjacent to the hotel is the National Sports Center, a 600-acre multi-sport facility that hosts over 100 unique programs and events across various sports. It also attracts numerous national and international competitions. The NSC generates over $70 million in annual economic impact, significantly benefiting the hotel’s predictable and consistent revenue. Other large economic developments are underway nearby, including the National Sports Village, an estimated $500 million to $750 million 60-acre mixed use redevelopment project incorporating a comprehensive sports, dining, and entertainment complex. Additionally, other significant nearby developments include the nearly completed headquarters for the Minnesota State Emergency Operations Center and Asia Village, a 130,000 square foot mixed-use complex featuring a variety of Asian-inspired restaurants, shops, and cultural attractions. Both are expected to attract large numbers of local and national visitors in need of hospitality accommodations in 2025 and beyond. Overall, this exceptional investment opportunity offers substantial room revenue potential by capitalizing on its strategic location in a high-traffic tourism hub. With the completion of nearby large-scale developments in early 2025, incoming investors are positioned for strong current revenue generation and significant upside potential in this growing economic area.