Hotel-Motel
Comfort Suites Wisconsin Dells Area
5780 Kinney Rd, Portage, WI 53901
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has proudly been chosen in the exclusive marketing efforts of the Comfort Suites Wisconsin Dells Area in Portage, Wisconsin. This hotel is comprised of 83 rooms spanning across three floors and opened in June of 1998. The hotel maintains excellent curb appeal and is in good standard with Choice Hotels.
This is a rare opportunity to acquire fee simple interest in a lender owned asset that is being offered at a fraction of replacement cost. The hotel is being offered as an AS-IS sale a new owner can benefit from through upgrades, renovations, or a franchise pivot.
Current hotel operations are being managed by the lender and continuing as normal. The hotel has a plethora of amenities typical of a Comfort Suites property including an equipped marketplace of convenient and on the go snacks, complimentary breakfast, full fitness center, indoor heated swimming pool and jacuzzi, business center, and high speed WiFi. This property also has a thorough mix of room types allowing convenience and comfort for any kind of traveler or group.
Portage, Wisconsin and this location is positioned strategically between the immensely traveled to Wisconsin Dells Area and State Capitol Madison, WI. Portage has rich history and scenery for tourists to enjoy including one of the largest Ski Mountains in the Midwest in Cascade Mountain less than four miles from the hotel.
Investment Highlights
- Lender Owned Asset Well Positioned for Substantial Upside
- Three-Story 83 Room Hotel Built in 1998 Situated Advantageously for Renovation with Current Hotel Franchise or Upscale Brand Conversions
- Current Operations Handily Under Achieving CompSet in Occupancy, ADR and RevPAR
- Expansive Parcel with Over Six Acres and Spacious Parking Lot for All Guests off the Interstate
- High Visibility off Interstate 90 Seeing Traffic Counts of over 43,000 Vehicles a Day
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: Request For Offer
Investment Highlights
- Lender Owned Asset Well Positioned for Substantial Upside
- Three-Story 83 Room Hotel Built in 1998 Situated Advantageously for Renovation with Current Hotel Franchise or Upscale Brand Conversions
- Current Operations Handily Under Achieving CompSet in Occupancy, ADR and RevPAR
- Expansive Parcel with Over Six Acres and Spacious Parking Lot for All Guests off the Interstate
- High Visibility off Interstate 90 Seeing Traffic Counts of over 43,000 Vehicles a Day
Investment Overview
Marcus & Millichap has proudly been chosen in the exclusive marketing efforts of the Comfort Suites Wisconsin Dells Area in Portage, Wisconsin. This hotel is comprised of 83 rooms spanning across three floors and opened in June of 1998. The hotel maintains excellent curb appeal and is in good standard with Choice Hotels. This is a rare opportunity to acquire fee simple interest in a lender owned asset that is being offered at a fraction of replacement cost. The hotel is being offered as an AS-IS sale a new owner can benefit from through upgrades, renovations, or a franchise pivot. Current hotel operations are being managed by the lender and continuing as normal. The hotel has a plethora of amenities typical of a Comfort Suites property including an equipped marketplace of convenient and on the go snacks, complimentary breakfast, full fitness center, indoor heated swimming pool and jacuzzi, business center, and high speed WiFi. This property also has a thorough mix of room types allowing convenience and comfort for any kind of traveler or group. Portage, Wisconsin and this location is positioned strategically between the immensely traveled to Wisconsin Dells Area and State Capitol Madison, WI. Portage has rich history and scenery for tourists to enjoy including one of the largest Ski Mountains in the Midwest in Cascade Mountain less than four miles from the hotel.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager