Country Inn & Suites Germantown | W188n11020 Maple Rd
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Country Inn & Suites Germantown W188n11020 Maple Rd
62 Room Hotel Germantown, WI 53022 $9,123,397 CAD ($147,152 CAD/Room) 13.80% Cap Rate
Executive Summary
Back on Market as of 11/4/24! Please visit Data Room for CA and updated financials.
Upper mid-scale franchise hotel in a great market with opportunity for growth. Property could directly benefit from a more hands on ownership group that can assist with operational efficiencies and cost control. Hotel recentley completed PIP in 2020, however new Transfer of Ownership PIP has been received from Franchise. See Data Room files for PIP details. (In summary, 36 Months to complete PIP with total estimated cost of $300k). Please do not call the property directly or visit the property without a scheduled appointment.
Current owner also owns neighboring 4BR home that could be included in the sale if desired (not currently included).
Upper mid-scale franchise hotel in a great market with opportunity for growth. Property could directly benefit from a more hands on ownership group that can assist with operational efficiencies and cost control. Hotel recentley completed PIP in 2020, however new Transfer of Ownership PIP has been received from Franchise. See Data Room files for PIP details. (In summary, 36 Months to complete PIP with total estimated cost of $300k). Please do not call the property directly or visit the property without a scheduled appointment.
Current owner also owns neighboring 4BR home that could be included in the sale if desired (not currently included).
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Price | $9,123,397 CAD | Lot Size | 2.03 AC |
| Price Per Room | $147,152 CAD | Building Size | 59,588 SF |
| Sale Type | Investment | No. Rooms | 62 |
| Cap Rate | 13.80% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2020 |
| Property Subtype | Hotel | Parking Ratio | 1.56/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $9,123,397 CAD |
| Price Per Room | $147,152 CAD |
| Sale Type | Investment |
| Cap Rate | 13.80% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 59,588 SF |
| No. Rooms | 62 |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2020 |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $209.30 CAD | - |
| Guest Room | 49 | $167.16 CAD | - |
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zoning
| Zoning Code | Commercial |
| Commercial |
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Ryan Rahl - Rahl & Associates, LLC
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Country Inn & Suites Germantown | W188n11020 Maple Rd
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