Hotel-Motel

Baymont and Rodeway Appleton Portfolio

3924 W College Ave, Appleton, WI 54914

Listing Price: Request For Offer

Number of Rooms
97
RevPAR
$30
Year Built
1986

Investment Overview

Marcus & Millichap is proud to have been chosen as the exclusive advisor and broker in regard to the marketing effort of the 52 Room Baymont and 45 Room Rodeway Inn hotels in Appleton, WI. The properties neighbor each other and occupy the same parcel so they must be sold as a portfolio. This strategic set up allows ownership to manage all operations from one location and reduce overhead costs while maximizing top line revenue by capturing travelers from both the Midscale and Economy tiered segments. They combine to form 97 guest rooms and both buildings are two story structures. The properties boast prime location at the highly traveled and visible intersection of Highway 41 and College Avenue in the retail heavy part of Appleton. The hotels benefit from both leisure and corporate travel demand. Their location is within walking distance of the Fox River Mall (1.7 miles), close to the Appleton International Airport (3.5 miles), not far from Downtown Appleton (3 miles), and near the brand New Community First Champion Center (2.2 miles).

Investment Highlights

  • Two Property Portfolio Located In The Expanding Fox Valley Region
  • Desirable Midscale & Economy Tier Hotels In Highly Sought After Upper MIdwest Market
  • Potential For An Owner/Operator To Drive Top Line Revenue and Decrease Expense Load
  • Recent Thorough Renovation Allows New Owner To Gain RevPAR Market Share
  • Both Properties Currently Lag Considerably Behind Their CompSet
  • Ideal Property Tax Scenario; Both Properties Sit On One Parcel

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

Baymont and Rodeway Appleton Portfolio

Listing Price: Request For Offer

Number of Rooms
97
RevPAR
$30
Year Built
1986

Investment Highlights

  • Two Property Portfolio Located In The Expanding Fox Valley Region
  • Desirable Midscale & Economy Tier Hotels In Highly Sought After Upper MIdwest Market
  • Potential For An Owner/Operator To Drive Top Line Revenue and Decrease Expense Load
  • Recent Thorough Renovation Allows New Owner To Gain RevPAR Market Share
  • Both Properties Currently Lag Considerably Behind Their CompSet
  • Ideal Property Tax Scenario; Both Properties Sit On One Parcel

Investment Overview

Marcus & Millichap is proud to have been chosen as the exclusive advisor and broker in regard to the marketing effort of the 52 Room Baymont and 45 Room Rodeway Inn hotels in Appleton, WI. The properties neighbor each other and occupy the same parcel so they must be sold as a portfolio. This strategic set up allows ownership to manage all operations from one location and reduce overhead costs while maximizing top line revenue by capturing travelers from both the Midscale and Economy tiered segments. They combine to form 97 guest rooms and both buildings are two story structures. The properties boast prime location at the highly traveled and visible intersection of Highway 41 and College Avenue in the retail heavy part of Appleton. The hotels benefit from both leisure and corporate travel demand. Their location is within walking distance of the Fox River Mall (1.7 miles), close to the Appleton International Airport (3.5 miles), not far from Downtown Appleton (3 miles), and near the brand New Community First Champion Center (2.2 miles).

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

MM Texture Background
MM Textured Background Lower