5217 E Terrace Dr | Madison, WI 53718
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- LoopNet Team
5217 E Terrace Dr
Madison, WI 53718
La Quinta Inn & Suites - Corporate Owned · Hospitality Property For Sale
·
80,623 SF
INVESTMENT HIGHLIGHTS
- Strategic Location in the American Center, Surrounded By Demand Generators
- Recession-Proof Government and Education Demand Generators
- Limited New Supply in the Immediate Submarket
- Proximate to the Intersection of I-90 and US 151 Providing Easy Access to Downtown & the University of Wisconsin-Madison
- Corporate-Owned by CorePoint Lodging
- Unencumbered by Management
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2008 |
| Building Class | B | Parking Ratio | 1.62/1,000 SF |
| Lot Size | 3.00 AC | Corridor | Interior |
| Building Size | 80,623 SF | ||
| Zoning | SEC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 80,623 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2008 |
| Parking Ratio | 1.62/1,000 SF |
| Corridor | Interior |
| Zoning | SEC |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 5217 E TERRACE DR , MADISON, WI 53718
To view due diligence items for this listing, please execute the CA using the following link: https://bit.ly/35YF4Sj
PROPERTY TAXES
| Parcel Number | 0810-221-0405-4 | Improvements Assessment | $5,495,000 |
| Land Assessment | $505,000 | Total Assessment | $6,000,000 |
PROPERTY TAXES
Parcel Number
0810-221-0405-4
Land Assessment
$505,000
Improvements Assessment
$5,495,000
Total Assessment
$6,000,000
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