S&S Enterprises, a Minnesota-based private investor, acquired the four-story hotel at 10580 Baltimore St. NE in Blaine, MN from HMN Financial, Inc. for $3 million, or about $31,000 per unit, in an REO sale.

Delivered in 2005 on two acres in the suburban St. Paul submarket, the hospitality building is located within 35 minutes of the Minneapolis-St. Paul International Airport, and 14 minutes to Fridley Station by car. The 105,796-square-foot property…

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