New owner buys Microtel Inn in southeast Rochester for $4.5 million
The Microtel Inn & Suites hotel at 4165 Maine Ave. SE, which is currently unused, was purchased by Yogi One, LLC for a total of $4.5 million.
Source: postbulletin.com
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Just Sold: Burnsville Best Western sells for $8.65M
Endeavor Hotel Group, a hotel management company headquartered in Wichita, Kansas, has acquired the 131-room Best Western Premier Nicollet Inn in Burnsville from Blithe Hospitality LLC in Lakeville for $8.65 million.
Source: finance-commerce.com
New owners paid $3.72 million for a hotel on Rochester's South Broadway
Cactus Hospitality LLC, which is led by Vishal Patel, purchased the 145-room Rochester hotel previously called Ramada by Wyndham at 1625 South Broadway on Nov. 30, 2022. In the wake of the sale, the hotel is transitioning to operating under the Choice hotel brand.
Source: postbulletin.com