717 E Bannerman Ave | Redgranite, WI 54970
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717 E Bannerman Ave
Redgranite, WI 54970
Quality Inn Redgranite · Hospitality Property For Sale
·
24,000 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 41-Room, Interior-Corridor, Economy Hotel Built in 2000, Priced Below Replacement Cost at $26,707 per Key
- Roof Recently Replaced in the Last 6 Years, Recently Renovated Pool and Hot Tub, and 2 Installed Water Heaters
- Steady Increases in RevPAR Year-Over-Year with an Opportunity for a New Investor to Further Increase Daily Rates through Strategic Revenue Management
- Highway Location that Offers Excellent Visibility and Easy Access to Multiple Demand Generators
- Only Franchised Hotel in Redgranite, Wisconsin
- Manager’s 2 Bedroom Apartment Equipped with a Full Kitchen and Large Living Space
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2009 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 24,000 SF | ||
| Zoning | Highway Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 24,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2000/2009 |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
| Zoning | Highway Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ABOUT 717 E BANNERMAN AVE , REDGRANITE, WI 54970
The Econo Lodge Redgranite is a 41-room, two-story Hotel stationed at 717 East Bannerman Avenue, just off Highway 21. This Hotel features an indoor pool and indoor Whirlpool, meeting space, and copy and fax services. Spacious guest rooms and suites offer a flat-screen television, a work desk, and an ironing board.
PROPERTY TAXES
| Parcel Number | 176-01772-1311 | Improvements Assessment | $574,200 |
| Land Assessment | $110,100 | Total Assessment | $684,300 |
PROPERTY TAXES
Parcel Number
176-01772-1311
Land Assessment
$110,100
Improvements Assessment
$574,200
Total Assessment
$684,300
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