710 N Dr Martin Luther King Jr Dr - Hospitality FOR SALE
Milwaukee, WI 53203 |
312-576-2011
710 N Dr Martin Luther King Jr Dr
Milwaukee, WI 53203
HIGHLIGHTS
- Fee simple interest in the institutionally owned 103-room Fairfield Inn & Suites Downtown Milwaukee, Wisconsin
- Located in the historic 12-story Strauss Building, a Neogothic Revival-style structure originally built in 1924
- Seller has recently completed the restoration of the building’s historic terracotta façade, totaling over $6 million
- Offered unencumbered by management at a significant discount to replacement cost
- Ability for a long-term relicense of the Fairfield Inn & Suites brand by completing the change of ownership PIP
- Strong market performance with a competitive set trailing 24-month average RevPAR gains of nearly 9%, significantly outpacing national averages
OVERVIEW
Alchemy Real Estate Advisors, in partnership with RealINSIGHT Marketplace, is pleased to offer a fee simple interest in the 103-room Fairfield Inn & Suites located in downtown Milwaukee, WI, for sale. This institutionally owned and managed hotel will be sold at a substantial discount to replacement cost, presenting a unique opportunity to acquire a core-branded Marriott asset in the heart of a leading Midwestern MSA.
https://rimarketplace.com/auction/2347/fairfield-inn-suites-milwaukee-downtown
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Fairfield Inn & Suites Milwaukee Downtown
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
12
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1924
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
C9E
APN/PARCEL ID
361-0663-100-4
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
312-576-2011
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
312-576-2011
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
