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Country Inn & Suites by Radisson, Germantown W188N11020 Maple Rd 62 Room Hotel Germantown, WI 53022 $5,495,000 ($88,629/Room) 12% Cap Rate
EXECUTIVE SUMMARY
62 Room Country Inn & Suites in NW Milwaukee Market
Located conveniently off Hwy 41/45 and Hwy 167E.
1.2 Million renovation completed in 2020. Property being offered at less than 3.5x gross. Property would greatly benefit from "hands on" ownership. Also available and being sold separately is a single family home on neighboring property. Would be perfect for an Owner/Manager.
See Data Room for Financials, STR and PMS reports.
Contact owner directly with questions or to setup a property tour.
Ryan - 262-327-0505
Located conveniently off Hwy 41/45 and Hwy 167E.
1.2 Million renovation completed in 2020. Property being offered at less than 3.5x gross. Property would greatly benefit from "hands on" ownership. Also available and being sold separately is a single family home on neighboring property. Would be perfect for an Owner/Manager.
See Data Room for Financials, STR and PMS reports.
Contact owner directly with questions or to setup a property tour.
Ryan - 262-327-0505
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS Under Contract
| Price | $5,495,000 | Lot Size | 2.03 AC |
| Price Per Room | $88,629 | Building Size | 36,190 SF |
| Sale Type | Investment | No. Rooms | 62 |
| Cap Rate | 12% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.63/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | Commercial - Commercial | ||
| Price | $5,495,000 |
| Price Per Room | $88,629 |
| Sale Type | Investment |
| Cap Rate | 12% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 36,190 SF |
| No. Rooms | 62 |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2019 |
| Parking Ratio | 1.63/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 62 | $151.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | GTNV-282982 | Improvements Assessment | $2,616,500 |
| Land Assessment | $483,500 | Total Assessment | $3,100,000 |
PROPERTY TAXES
Parcel Number
GTNV-282982
Land Assessment
$483,500
Improvements Assessment
$2,616,500
Total Assessment
$3,100,000
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Country Inn & Suites by Radisson, Germantown | W188N11020 Maple Rd
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