Hotel-Motel
Rodeway Inn Abbotsford
300 Elderberry Rd, Abbotsford, WI 54405
Listing Price: $1,800,000
Investment Overview
Marcus & Millichap is proud to be the chosen in the marketing efforts of the Rodeway Inn in Abbotsford, WI. This Choice branded hotel consists of 60 interior-corridor rooms among 3 floors with an elevator. The hotel was originally built as a Sleep Inn in 1999 and has remained in the Choice family. Conveniently located off of Hwy 29, the hotel benefits from both leisure and business travel between Minneapolis and Green Bay. As the only nationally branded hotel spanning across much of Hwy 29, the hotel captures demand from loyal Choice rewards customers. The property is lagging behind in its CompSet with a 70.6% RevPAR index allowing room for growth upon new ownership. Still, the Rodeway has been outpacing the 2021 revenue trends and shows 10.8% growth on a RevPAR basis. Abbotsford sits just west of Wausau and north of Marshfield. The property is near demand drivers such as Granite Peak Ski Hill (35 miles), Marshfield Medical Center (21 miles), and the Central Wisconsin Airport (40 miles).
Investment Highlights
- 3-Story, 60 Room Former Sleep Inn Hotel
- Ample Owner Operator Upside Potential With Current Absentee Ownership
- Excellent Location off of Highly Traveled Hwy 29 Between Minneapolis and Green Bay
- Only Nationally Branded Hotel Between Wausau and Chippewa Falls on Hwy 29
- Solid Structure Allows Alternative Brand Opportunities For New Owner
- Extensively Renovated Hotel With Little to No PIP Expectations
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
Listing Price: $1,800,000
Investment Highlights
- 3-Story, 60 Room Former Sleep Inn Hotel
- Ample Owner Operator Upside Potential With Current Absentee Ownership
- Excellent Location off of Highly Traveled Hwy 29 Between Minneapolis and Green Bay
- Only Nationally Branded Hotel Between Wausau and Chippewa Falls on Hwy 29
- Solid Structure Allows Alternative Brand Opportunities For New Owner
- Extensively Renovated Hotel With Little to No PIP Expectations
Investment Overview
Marcus & Millichap is proud to be the chosen in the marketing efforts of the Rodeway Inn in Abbotsford, WI. This Choice branded hotel consists of 60 interior-corridor rooms among 3 floors with an elevator. The hotel was originally built as a Sleep Inn in 1999 and has remained in the Choice family. Conveniently located off of Hwy 29, the hotel benefits from both leisure and business travel between Minneapolis and Green Bay. As the only nationally branded hotel spanning across much of Hwy 29, the hotel captures demand from loyal Choice rewards customers. The property is lagging behind in its CompSet with a 70.6% RevPAR index allowing room for growth upon new ownership. Still, the Rodeway has been outpacing the 2021 revenue trends and shows 10.8% growth on a RevPAR basis. Abbotsford sits just west of Wausau and north of Marshfield. The property is near demand drivers such as Granite Peak Ski Hill (35 miles), Marshfield Medical Center (21 miles), and the Central Wisconsin Airport (40 miles).
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By

