4822 E Washington Ave | Madison, WI 53704
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- LoopNet Team
4822 E Washington Ave
Madison, WI 53704
Comfort Inn & Suites Madison - Airport · Hospitality Property For Sale
·
33,560 SF
INVESTMENT HIGHLIGHTS
- 152 Rooms, 6 Stories, built in 1962 (2 Story Wing) & 1986 (6 Story Tower)
- 2021 54.0% Occupancy @ $68.27 ADR
- Available at a significant discount to replacement cost
- Strong performance with average room revenue over $2.6M from 2017-2019
- RevPAR up 66.8% for October, November, and December 2021 year over year (Comp Set up 91.0%)!
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1963/2005 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.21 AC | Parking Ratio | 4.41/1,000 SF |
| Building Size | 33,560 SF | Corridor | Interior |
| Zoning | CC-T | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.21 AC |
| Building Size | 33,560 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1963/2005 |
| Tenancy | Single |
| Parking Ratio | 4.41/1,000 SF |
| Corridor | Interior |
| Zoning | CC-T |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 0810-272-0324-9 | Improvements Assessment | $4,837,700 |
| Land Assessment | $923,500 | Total Assessment | $5,761,200 |
PROPERTY TAXES
Parcel Number
0810-272-0324-9
Land Assessment
$923,500
Improvements Assessment
$4,837,700
Total Assessment
$5,761,200
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