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Hotel Milwaukee Airport 6331 S 13th St

152 Room Hotel Milwaukee, WI 53221 $8,287,612 CAD ($54,524 CAD/Room)

Executive Summary

Attention investors and rehabbers! Opportunity knocks! The Former Days Inn & Suites is a 147 room, interior-corridor conversion opportunity to Radisson. Conveniently located right off Interstate 94 and 3 miles from General Mitchell International Airport. The hotel offers indoor pool, fitness center. With some sweat equity, this building offers tons of potential. Hotel is currently not operating. Indian cuisine restaurant is attached and currently operating under a lease for 5 years @ $5,500/month.
The subject property is located off Interstate-94 and conveniently close to General Mitchell International Airport. The hotel is within 15-minute drive of Marquette University and seven miles east of Boerner Botanical Gardens. Downtown Milwaukee is 10 miles away from the hotel and is home to Discovery World, the Pabst Theater and the Milwaukee Panther Arena

Data Room Click Here to Access

Property Facts

Price $8,287,612 CAD
Price Per Room $54,524 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 5.02 AC
Building Size 103,449 SF
No. Rooms 152
No. Stories 3
Year Built/Renovated 1967/2021
Tenancy Single
Parking Ratio 2.04/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 6331 S 13th St , Milwaukee, WI 53221

Excellent Clarion Conversion Opportunity Airport Location with 147 Rooms, Interior Corridor Property Historically Strong Airport Market Conveniently Located Off I-94, Exit 319 Excellent Pro-forma CAP Rate and Year 3 Return of $1,344,602 Total Acquisition Cost After Conversion $51,125 Per Key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $158.73 CAD -
Guest Room 147 $84.28 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
716-9999-110-9
Land Assessment
$946,234 CAD
Improvements Assessment
$5,440,287 CAD
Total Assessment
$6,386,521 CAD

zoning

Zoning Code LB1 (Local Business)
LB1 (Local Business)
  • Listing ID: 33153062

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: 6331 S 13th St, Milwaukee, WI 53221

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