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Baymont Inn & Suites Marinette 2180 Roosevelt Rd 48 Room Hotel Marinette, WI 54143 $2,950,000 ($61,458/Room) 11.30% Cap Rate
EXECUTIVE SUMMARY
Baymont by Wyndham Marinette.
PROPERTY FACTS
| Price | $2,950,000 | Building Size | 24,631 SF |
| Price Per Room | $61,458 | No. Rooms | 48 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 11.30% | Year Built/Renovated | 1996/2023 |
| Property Type | Hospitality | Parking Ratio | 2.11/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.06 AC | ||
| Zoning | G2 | ||
| Price | $2,950,000 |
| Price Per Room | $61,458 |
| Sale Type | Investment |
| Cap Rate | 11.30% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 24,631 SF |
| No. Rooms | 48 |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2023 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | G2 |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $92.00 | - |
| Guest Room | 40 | $85.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 251-00603.003 | Improvements Assessment | $1,908,000 |
| Land Assessment | $341,000 | Total Assessment | $2,249,000 |
PROPERTY TAXES
Parcel Number
251-00603.003
Land Assessment
$341,000
Improvements Assessment
$1,908,000
Total Assessment
$2,249,000
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Baymont Inn & Suites Marinette | 2180 Roosevelt Rd
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