Hotel-Motel
Cobblestone Inn and Suites Barron
430 W Division Ave, Barron, WI 54812
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap is proud to have been selected as exclusive advisor and broker in regard to the marketing effort of the Cobblestone Inn & Suites Barron. Constructed in 2017 and meticulously maintained, this opportunity provides investors the seldom available opportunity to acquire a 36-room midscale hotel generating strong room revenue while maintaining upside potential. This newly built two story hotel is strategically positioned just steps from Rolling Oaks Golf Course and a four minute drive from Mayo Clinic Health System – Northland, Anderson Park, and the popular Turtleback Golf Club. It’s newer and modern accommodations combined with thoughtful layout attract both business and leisure travelers alike. Amenities include internet access, a business center, complimentary breakfast, laundry, and air-conditioned rooms featuring both refrigerators and microwaves.
This investment opportunity boasts an above-market-average cap rate and an appealing room revenue multiplier. Positioned ideally within a high ADR leisure market and benefiting from a favorable franchise arrangement, this hotel holds significant potential for capitalization. Its recent construction, manageable size, and absence of a pool amenity make it particularly enticing for first-time investors or regional owners seeking to enrich their portfolio with a superior asset.
Barron, Wisconsin offers an abundance of both summer and winter recreational activities attracting travelers year-round. In the winter, this northwest area of Wisconsin offers 4,500 miles of snowmobile trails boasting some of the most enjoyable riding in the Midwest. In summer, the Chetek Chain of Lakes invites water enthusiasts, while top-rated golf courses and extensive trail systems cater to hikers and bikers. Embracing its small-town charm, Barron offers delightful discoveries in unique shops and boutiques, alongside savory local cuisine served in charming cafes and eateries.
Cobblestone Inn and Suites Barron
Investment Highlights
- Offers a Cap Rate That Surpasses the Market Average, Coupled with an Enticing Room Revenue
- Demonstrates a Track Record of Steady Historical Top-Line Room Revenue, Showcasing Resilience and Stability
- Recently Constructed in 2017, Ensuring Modern Amenities, Contemporary Design, and Heightened Appeal to Guests
- Presents an Ideal Franchise Opportunity
- Represents an Optimal Acquisition Size for First-Time Investors or Regional Owners, Offering a Manageable Entry Point Into the Hospitality Market While Delivering Substantial Returns
- Positioned Within an Ideal Tourism Hub, Offering Unique Opportunity to Capture Both Summer and Winter Revenue With 4,500 Miles of Winter Snowmobiling Trails in Surrounding Area
Listing Price: $2,500,000
Investment Highlights
- Offers a Cap Rate That Surpasses the Market Average, Coupled with an Enticing Room Revenue
- Demonstrates a Track Record of Steady Historical Top-Line Room Revenue, Showcasing Resilience and Stability
- Recently Constructed in 2017, Ensuring Modern Amenities, Contemporary Design, and Heightened Appeal to Guests
- Presents an Ideal Franchise Opportunity
- Represents an Optimal Acquisition Size for First-Time Investors or Regional Owners, Offering a Manageable Entry Point Into the Hospitality Market While Delivering Substantial Returns
- Positioned Within an Ideal Tourism Hub, Offering Unique Opportunity to Capture Both Summer and Winter Revenue With 4,500 Miles of Winter Snowmobiling Trails in Surrounding Area
Investment Overview
Marcus & Millichap is proud to have been selected as exclusive advisor and broker in regard to the marketing effort of the Cobblestone Inn & Suites Barron. Constructed in 2017 and meticulously maintained, this opportunity provides investors the seldom available opportunity to acquire a 36-room midscale hotel generating strong room revenue while maintaining upside potential. This newly built two story hotel is strategically positioned just steps from Rolling Oaks Golf Course and a four minute drive from Mayo Clinic Health System – Northland, Anderson Park, and the popular Turtleback Golf Club. It’s newer and modern accommodations combined with thoughtful layout attract both business and leisure travelers alike. Amenities include internet access, a business center, complimentary breakfast, laundry, and air-conditioned rooms featuring both refrigerators and microwaves. This investment opportunity boasts an above-market-average cap rate and an appealing room revenue multiplier. Positioned ideally within a high ADR leisure market and benefiting from a favorable franchise arrangement, this hotel holds significant potential for capitalization. Its recent construction, manageable size, and absence of a pool amenity make it particularly enticing for first-time investors or regional owners seeking to enrich their portfolio with a superior asset. Barron, Wisconsin offers an abundance of both summer and winter recreational activities attracting travelers year-round. In the winter, this northwest area of Wisconsin offers 4,500 miles of snowmobile trails boasting some of the most enjoyable riding in the Midwest. In summer, the Chetek Chain of Lakes invites water enthusiasts, while top-rated golf courses and extensive trail systems cater to hikers and bikers. Embracing its small-town charm, Barron offers delightful discoveries in unique shops and boutiques, alongside savory local cuisine served in charming cafes and eateries.
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