121 Merwin Way - Hospitality FOR SALE


Fond Du Lac, WI 54937- Suburban Fond du Lac
$6,500,000 USD
414-704-4089
121 Merwin Way, Fond Du Lac, WI for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/4
null | 8.87% Cap Rate

121 Merwin Way
Fond Du Lac, WI 54937
Suburban Fond du Lac


HIGHLIGHTS

  • Accessibility: The hotel is easily accessible with excellent visibility from Interstate 41. Located on Exit 97
  • Guestroom Variety: Offers 65 nonsmoking rooms, including Standard, King, Executive, Family, and Whirlpool Suites.
  • Gen 4 PIP completed. Minimum PIP .for new Operator

OVERVIEW

Country Inn & Suites, situated at 121 Merwin Way in Fond Du Lac, Wisconsin, is a three-story hotel featuring 65 guestrooms. The property benefits from an existing contract which secures 20 rooms daily at a rate of $69.00 (including tax) until April 30, 2026. This agreement ensures a base occupancy of over 30% for the next 1 ½ years. Contract at that time will due for negotiation. With a trailing twelve-month average daily rate (ADR) of $92.00, investors can be reassured that the ADR is significantly higher than the existing Corporate contracted rate.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

65

PRICE/ROOM

$100,000 {currency}

CAP RATE

8.87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Inn & Suites by Radisson, Fond du Lac

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2002

PARKING SPACES

66

LAND DETAILS

LAND ACRES

3.03 AC

LAND SF

132,161 SF

ZONING

C-2

APN/PARCEL ID

FDL-15-17-21-44-752-00

ASK ABOUT THIS PROPERTY

Rattan SoniAaron Hotel Management Inc.More Info
414-704-4089

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Rattan SoniAaron Hotel Management Inc.More Info
414-704-4089

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