Rochester Marriott
A hotel property in Rochester, Minnesota. Securitized in 1 CMBS deal in 2018.
$71.0MAppraised value (latest deal)
71.0%Occupancy
$6.2MUnderwritten NOI
8.7%Implied cap rate
- Address
- 101 1st Avenue Southwest, Rochester, MN 55902
- Property type
- Hotel · Full Service
- Year built
- 1989
- Size
- 202 Rooms
- Sponsor
- Javon R. Bea; Vita E. Bea
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $71.0M | 71.0% | $6.2M | 8.7% | $15.2M | 66.7% | 1.50x | 424B |
More CMBS properties in Minnesota →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.