11111 W North Ave - Hospitality FOR SALE


Milwaukee, WI 53226
$8,000,000 USD
952-932-9987
11111 W North Ave, Milwaukee, WI for Sale
$8,000,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

11111 W North Ave
Milwaukee, WI 53226


HIGHLIGHTS

  • Located in the Milwaukee MSA, strong economic and tourism activity
  • Holiday Inn Express is highly sought after and has a strong brand presence
  • Absentee ownership

OVERVIEW

Timm and Associates, Inc. is proud to exclusively present the Holiday Inn Express of Wauwatosa, WI. The hotel benefits from a diverse economy driven by healthcare, manufacturing, and financial services. This property is also close to major attractions such as the Fiserv Forum, Milwaukee Riverwalk, Summerfest, American Family field, and the Harley Davidson Museum. Located in close proximity to healthcare facilities such as Froedtert Hospital, Children’s Hospital of Wisconsin and Milwaukee Regional Medical Center. The hotel is also conveniently located off US WI 14, near interstate 94 and 15 minutes from down-town Milwaukee. This is an exceptional opportunity to acquire a well-established midscale hotel brand in a high-barrier-to-entry market. This property has been fully updated to Formula Blue standards per IHG requirements, ensuring modern design, enhanced guest experience, and operational efficiency.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$124 USD /SF

# OF ROOMS

121

PRICE/ROOM

$66,116 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express Milwaukee West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

102

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

PUD

APN/PARCEL ID

339-9983-000

ASK ABOUT THIS PROPERTY

Greg TimmTimm & Associates, IncMore Info
952-932-9987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Greg TimmTimm & Associates, IncMore Info
952-932-9987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.