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5217 E Terrace Dr
Madison, WI 53718
La Quinta Inn & Suites - Corporate Owned · Hospitality Property For Sale
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120 Rooms
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. Rooms | 120 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1997/2008 |
| Lot Size | 3.00 AC | Parking Ratio | 1.62/1,000 SF |
| Building Size | 80,623 SF | Corridor | Interior |
| Zoning | SEC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 80,623 SF |
| No. Rooms | 120 |
| 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
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 118 | $157.00 | - |
| Guest Room | 2 | $114.00 | - |
Property Taxes
| Parcel Number | 0810-221-0405-4 | Improvements Assessment | $5,675,000 |
| Land Assessment | $505,000 | Total Assessment | $6,180,000 |
Property Taxes
Parcel Number
0810-221-0405-4
Land Assessment
$505,000
Improvements Assessment
$5,675,000
Total Assessment
$6,180,000
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