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Hotel-Motel

Super 8 by Wyndham Milwaukee Airport

5253 S Howell Ave, Milwaukee, WI 53207

Listing Price: $4,995,000

Cap Rate
1.00%
RevPAR
$35
Year Built
2023

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Super 8 by Wyndham Milwaukee Airport (‘Hotel’ or ‘Property’) located at 5253 S Howell Avenue within Milwaukee’s established airport lodging corridor adjacent to Milwaukee Mitchell International Airport. The Wyndham Hotels & Resorts-branded Hotel is offered at $4,995,000 or $43,060 per key.

Renovated in 2023, the Property features 116 guest rooms and benefits from its strategic location immediately adjacent to Milwaukee Mitchell International Airport. Operating under the globally recognized Super 8 by Wyndham brand, the Hotel caters to a diverse mix of business, leisure, and airport-related travelers visiting the greater Milwaukee market. The Property's location within Milwaukee's established airport lodging corridor provides strong visibility and accessibility while positioning the Hotel to capitalize on one of the region's most consistent sources of lodging demand.

Designed to accommodate both transient and business travelers, the Hotel benefits from an exceptional location near Milwaukee Mitchell International Airport and Interstate 94, one of southeastern Wisconsin's primary transportation corridors. Major nearby demand generators include the airport itself, which supports year-round lodging demand from airline passengers, flight crews, airport vendors, and business travelers. Additional demand is generated by the numerous industrial, manufacturing, logistics, and distribution facilities located throughout the Milwaukee metropolitan area. Numerous retail, dining, and commercial destinations surrounding the airport further contribute to the Hotel's demand base. Milwaukee hosts several major events and attractions that collectively draw millions of visitors annually, including Summerfest (approximately 600,000 annual attendees and recognized as the world's largest music festival), Wisconsin State Fair (approximately 1.0 million annual attendees), Harley-Davidson Homecoming Festival (100,000+ attendees), Milwaukee Brewers games at American Family Field (2.5+ million annual attendees), Milwaukee Bucks games and events at Fiserv Forum (750,000+ annual attendees), and conventions, concerts, and trade shows at the Wisconsin Center, collectively supporting substantial year-round lodging demand throughout the Milwaukee metropolitan area.

Milwaukee serves as Wisconsin's largest metropolitan area and remains one of the Midwest's most important economic centers. The market benefits from a diverse economy supported by manufacturing, healthcare, education, financial services, logistics, and tourism. Milwaukee Mitchell International Airport serves as a critical transportation hub for southeastern Wisconsin, generating a steady flow of business and leisure travelers throughout the year. With strong transportation infrastructure, a diversified economic base, and a strategic location within Milwaukee's established airport lodging submarket, the Property offers investors the opportunity to acquire a branded hotel positioned within one of Wisconsin's most active hospitality markets.

Investment Highlights

  • Strong Wyndham Brand Affiliation: 116-Room Super 8 by Wyndham Operating Under One of the Most Recognized Economy Lodging Brands in the United States
  • Exceptional Airport Location: Situated Immediately Adjacent to Milwaukee Mitchell International Airport, Supporting Consistent Year-Round Lodging Demand
  • Established Airport Hotel Corridor: Located Among Numerous Nationally Branded Hotels within Milwaukee's Primary Airport Lodging Submarket
  • Strategic Interstate Access: Convenient Access to Interstate 94 and Major Transportation Corridors throughout Southeastern Wisconsin
  • Diverse Demand Drivers: Benefits from Airport, Industrial, Logistics, Healthcare, Tourism, and Business Travel Demand
  • Downtown Milwaukee Access: Near Fiserv Forum, American Family Field, the Wisconsin Center, Summerfest Grounds, and Milwaukee's entertainment districts
  • Wisconsin's Largest Metropolitan Area: Located within a Major Midwestern Economic Center Supported by a Diverse and Stable Employment Base

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Senior Managing Director, Market Leader- Milwaukee/Minneapolis

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Hotel-Motel

Super 8 by Wyndham Milwaukee Airport

Listing Price: $4,995,000

Cap Rate
1.00%
RevPAR
$35
Year Built
2023

Investment Highlights

  • Strong Wyndham Brand Affiliation: 116-Room Super 8 by Wyndham Operating Under One of the Most Recognized Economy Lodging Brands in the United States
  • Exceptional Airport Location: Situated Immediately Adjacent to Milwaukee Mitchell International Airport, Supporting Consistent Year-Round Lodging Demand
  • Established Airport Hotel Corridor: Located Among Numerous Nationally Branded Hotels within Milwaukee's Primary Airport Lodging Submarket
  • Strategic Interstate Access: Convenient Access to Interstate 94 and Major Transportation Corridors throughout Southeastern Wisconsin
  • Diverse Demand Drivers: Benefits from Airport, Industrial, Logistics, Healthcare, Tourism, and Business Travel Demand
  • Downtown Milwaukee Access: Near Fiserv Forum, American Family Field, the Wisconsin Center, Summerfest Grounds, and Milwaukee's entertainment districts
  • Wisconsin's Largest Metropolitan Area: Located within a Major Midwestern Economic Center Supported by a Diverse and Stable Employment Base

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Super 8 by Wyndham Milwaukee Airport (‘Hotel’ or ‘Property’) located at 5253 S Howell Avenue within Milwaukee’s established airport lodging corridor adjacent to Milwaukee Mitchell International Airport. The Wyndham Hotels & Resorts-branded Hotel is offered at $4,995,000 or $43,060 per key. Renovated in 2023, the Property features 116 guest rooms and benefits from its strategic location immediately adjacent to Milwaukee Mitchell International Airport. Operating under the globally recognized Super 8 by Wyndham brand, the Hotel caters to a diverse mix of business, leisure, and airport-related travelers visiting the greater Milwaukee market. The Property's location within Milwaukee's established airport lodging corridor provides strong visibility and accessibility while positioning the Hotel to capitalize on one of the region's most consistent sources of lodging demand. Designed to accommodate both transient and business travelers, the Hotel benefits from an exceptional location near Milwaukee Mitchell International Airport and Interstate 94, one of southeastern Wisconsin's primary transportation corridors. Major nearby demand generators include the airport itself, which supports year-round lodging demand from airline passengers, flight crews, airport vendors, and business travelers. Additional demand is generated by the numerous industrial, manufacturing, logistics, and distribution facilities located throughout the Milwaukee metropolitan area. Numerous retail, dining, and commercial destinations surrounding the airport further contribute to the Hotel's demand base. Milwaukee hosts several major events and attractions that collectively draw millions of visitors annually, including Summerfest (approximately 600,000 annual attendees and recognized as the world's largest music festival), Wisconsin State Fair (approximately 1.0 million annual attendees), Harley-Davidson Homecoming Festival (100,000+ attendees), Milwaukee Brewers games at American Family Field (2.5+ million annual attendees), Milwaukee Bucks games and events at Fiserv Forum (750,000+ annual attendees), and conventions, concerts, and trade shows at the Wisconsin Center, collectively supporting substantial year-round lodging demand throughout the Milwaukee metropolitan area. Milwaukee serves as Wisconsin's largest metropolitan area and remains one of the Midwest's most important economic centers. The market benefits from a diverse economy supported by manufacturing, healthcare, education, financial services, logistics, and tourism. Milwaukee Mitchell International Airport serves as a critical transportation hub for southeastern Wisconsin, generating a steady flow of business and leisure travelers throughout the year. With strong transportation infrastructure, a diversified economic base, and a strategic location within Milwaukee's established airport lodging submarket, the Property offers investors the opportunity to acquire a branded hotel positioned within one of Wisconsin's most active hospitality markets.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Senior Managing Director, Market Leader- Milwaukee/Minneapolis

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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