Property Overview
Fairfield by Marriott Inn & Suites Mankato presents an opportunity to acquire a Marriott-branded, limited-service hotel in the established Mankato–North Mankato regional market. Located near the Highway 14/State Highway 22 corridor and River Hills Mall, the property provides convenient access to the area's major commercial, healthcare, education, industrial, retail, and leisure demand generators.
The hotel features complimentary hot breakfast and Wi-Fi, an indoor pool, fitness center, business center, The Market sundry area, and guest laundry facilities. Guestrooms offer mini-refrigerators, flat-screen televisions, workspaces, and Marriott bedding, with suites providing additional accommodations.
As a regional employment, healthcare, education, and retail center, Greater Mankato supports a diverse lodging demand base. Major area demand generators include Minnesota State University, Mankato, Mayo Clinic Health System, Taylor Corporation, Walmart Distribution Center, Cambria, River Hills Mall, and Mayo Clinic Health System Event Center. The regional economy is supported by healthcare, higher education, manufacturing, agribusiness, distribution, and corporate activity, complemented by year-round sporting events, entertainment, and leisure travel.
With its Marriott affiliation, accessible location, and diverse mix of corporate, university, healthcare, industrial, and leisure demand, Fairfield by Marriott Inn & Suites Mankato offers an opportunity to acquire a well-positioned hospitality asset in a strong regional market.
Please do not contact the property directly. All inquiries and property tours should be directed to Bruce Holmes after signing a Confidentiality Agreement (CA).
Property Highlights
| Asking Price | $5,495,000 |
| Location | Nar Minnesota State University |
| Property Description | Limited Service |
| Number of Rooms | 61 |
| Major Source of Business | Business, Traveler, Transient, University, Manufacturing, Energy, Corporate & Retail |
| Site Size | +/- 1.76 |
| Year Built |
1996 |
| Last Year Renovated |
2009 |
| Common Area Amenities | Breakfast area, on-site restaurant, business center, fitness center, guest laundry & indoor pool |