Hotel-Motel
Holiday Inn Manitowoc
4601 Calumet Ave, Manitowoc, WI 54220
Listing Price: $10,000,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 204-room Holiday Inn located in Manitowoc, Wisconsin. The hotel is a three-story property built in 1987 and located off Interstate 43. Holiday Inn Manitowoc provides the opportunity for a new owner to acquire a 200+ room full-service hotel with potential to realize significant RevPAR growth through completion of the PIP, hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
Holiday Inn Manitowoc
Investment Highlights
- Property is Located Just off Interstate 43
- October 2023 Running 3-Month RevPAR has seen a +/- 24.1% Increase Compared to the Previous Year
- Proximate to Lambeau Field, Point Beach Nuclear Power Plant, Jagemann Metal Stamping, Whistling Straits Golf Course, Kohler Company Headquarters, and More
- Positive Trending RevPAR
Listing Price: $10,000,000
Investment Highlights
- Property is Located Just off Interstate 43
- October 2023 Running 3-Month RevPAR has seen a +/- 24.1% Increase Compared to the Previous Year
- Proximate to Lambeau Field, Point Beach Nuclear Power Plant, Jagemann Metal Stamping, Whistling Straits Golf Course, Kohler Company Headquarters, and More
- Positive Trending RevPAR
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 204-room Holiday Inn located in Manitowoc, Wisconsin. The hotel is a three-story property built in 1987 and located off Interstate 43. Holiday Inn Manitowoc provides the opportunity for a new owner to acquire a 200+ room full-service hotel with potential to realize significant RevPAR growth through completion of the PIP, hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
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