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Country Inn & Suites by Radisson, Fond du Lac 121 Merwin Way 65 Room Hotel Fond Du Lac, WI 54937 $6,000,000 ($92,308/Room) 9.61% Cap Rate
INVESTMENT HIGHLIGHTS
- Accessibility: The hotel is easily accessible with excellent visibility from Interstate 41. Located on Exit 97
- Gen 4 PIP completed. Minimum PIP .for new Operator
- Guestroom Variety: Offers 65 nonsmoking rooms, including Standard, King, Executive, Family, and Whirlpool Suites.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $6,000,000 | Lot Size | 3.03 AC |
| Price Per Room | $92,308 | Building Size | 44,023 SF |
| Sale Type | Investment | No. Rooms | 65 |
| Cap Rate | 9.61% | No. Stories | 3 |
| Sale Condition | Business Value Included | Year Built/Renovated | 2002/2022 |
| Property Type | Hospitality | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | ||
| Zoning | C-2 - General Business Districts, permits land uses and activities to meet diverse business and service needs of the City and surrounding region. | ||
| Price | $6,000,000 |
| Price Per Room | $92,308 |
| Sale Type | Investment |
| Cap Rate | 9.61% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.03 AC |
| Building Size | 44,023 SF |
| No. Rooms | 65 |
| No. Stories | 3 |
| Year Built/Renovated | 2002/2022 |
| Parking Ratio | 1.5/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - General Business Districts, permits land uses and activities to meet diverse business and service needs of the City and surrounding region. |
AMENITIES
- Business Center
- Fitness Center
- Indoor Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fiber Optic Internet
ABOUT 121 MERWIN WAY , FOND DU LAC, WI 54937
The hotel is conveniently accessible and highly visible from Interstate 41 and located right on Exit97. It is constructed with a wood-framed structure, concrete slab foundation, and asphalt shingle roof. The exterior features vinyl siding with stone accents, while the interior walls are painted and textured plaster. The flooring consists of commercial-grade carpet and tile. The property includes one guest elevator, 66 paved parking spaces, and a wet sprinkler system for life safety and fire protection. The building spans 44,023 square feet and is situated on 3.034 acres. The guestroom configuration includes 9 Standard King rooms, 32 Standard Double Queen rooms, 14 King Suites, 2 Executive Suites, 2 Family Suites, 4 Whirlpool Suites, and 2 Large Whirlpool Suites, totaling 65 guestrooms, all of which are 100% nonsmoking.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 24 | $133.00 | - |
| Guest Room | 41 | $113.00 | - |
PROPERTY TAXES
| Parcel Number | FDL-15-17-21-44-752-00 | Improvements Assessment | $3,531,100 |
| Land Assessment | $353,900 | Total Assessment | $3,885,000 |
PROPERTY TAXES
Presented by
Country Inn & Suites by Radisson, Fond du Lac | 121 Merwin Way
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