Hotel-Motel

Quality Inn & Suites Downtown Green Bay

321 S. Washington St., Green Bay, WI 54301

Listing Price: $3,950,000

Cap Rate
9.06%
Number of Rooms
113
RevPAR
$41
Price/Room
$34,956
RRM
2.95
Year Built
1958

Investment Overview

We are please to offer to the market an 89 room Choice branded Quality Inn & Suites in Downtown Green Bay, WI to the market. The hotel is located in a great location downtown by the river and always has traffic at any time of the year. There is also 24 Extended Stay Rooms attached to the South End of the building that are run solely from the ownership group and not involved with Choice Hotels.

Listing Price $4,250,000
Room Revenue Multiplier: 3.17
Total Revenue Multiplier: 2.56
Price per Room Quality: $47,753
Price per Room with Ext Stay: $37,611

Investment Highlights

  • Desirable Midscale Limited Service Hotel
  • Choice Gold Award Quality Standard Recipient 3 Years In A Row
  • Legacy Property Owned By The Same Family Since Development
  • 2.5 Times Total Revenue and Under $35,000 Per Room
  • Operational Upside For Experienced Hotelier To Improve Profit Margin
  • High Barrier To Entry Downtown Green Bay Location With Ample Free Parking

Exclusively Listed By

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Jake M. Erickson

    Associate

    (952) 852-9721

    Email Jake

    License(s): MN: 40486025, IA: S66396000, WI: 89877-94

    Minneapolis

  • Jared Plamann

    Associate

    (952) 852-9745

    Email Jared

    License(s): MN: 40605209, WI: 89876-94

    Minneapolis

Hotel-Motel

Quality Inn & Suites Downtown Green Bay

Listing Price: $3,950,000

Cap Rate
9.06%
Number of Rooms
113
RevPAR
$41
Price/Room
$34,956
RRM
2.95
Year Built
1958

Investment Highlights

  • Desirable Midscale Limited Service Hotel
  • Choice Gold Award Quality Standard Recipient 3 Years In A Row
  • Legacy Property Owned By The Same Family Since Development
  • 2.5 Times Total Revenue and Under $35,000 Per Room
  • Operational Upside For Experienced Hotelier To Improve Profit Margin
  • High Barrier To Entry Downtown Green Bay Location With Ample Free Parking

Investment Overview

We are please to offer to the market an 89 room Choice branded Quality Inn & Suites in Downtown Green Bay, WI to the market. The hotel is located in a great location downtown by the river and always has traffic at any time of the year. There is also 24 Extended Stay Rooms attached to the South End of the building that are run solely from the ownership group and not involved with Choice Hotels.

Listing Price $4,250,000
Room Revenue Multiplier: 3.17
Total Revenue Multiplier: 2.56
Price per Room Quality: $47,753
Price per Room with Ext Stay: $37,611

Exclusively Listed By

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Jake M. Erickson

    Associate

    (952) 852-9721

    Email Jake

    License(s): MN: 40486025, IA: S66396000, WI: 89877-94

    Minneapolis

  • Jared Plamann

    Associate

    (952) 852-9745

    Email Jared

    License(s): MN: 40605209, WI: 89876-94

    Minneapolis

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