37268 Us Highway 18, Prairie Du Chien, WI 53821
42 Room Hotel | Prairie Du Chien, WI 53821 | $2,400,000 ($57,143/Room)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 13 days
Asking Price $2,400,000
- Property Type
-
Hospitality
- Square Feet
- 38,166 SF
Listing Contacts
Greg Timm
Verified Profile
- Property Info
Property Overview
Timm and Associates, Inc. is excited to present a unique opportunity to acquire the Quality Inn and Suites in the vibrant and historically rich Prairie du Chien, Wisconsin. Situated near the scenic Mississippi River, this hotel benefits from a robust tourism market that drives strong demand year-round.
Currently managed by an out-of-state ownership group, this property offers significant upside potential through a more hands-on, local management approach. With such a transition, expect enhanced operational efficiencies, revenue growth, and improved overall profitability.
Recent renovations have significantly upgraded the hotel, bolstering its competitive position in the market. These enhancements set the stage for achieving higher Average Daily Rates (ADR) and increased market share against its competitive set.
Don’t miss out on this opportunity to invest in a well-positioned property with promising growth potential!
Currently managed by an out-of-state ownership group, this property offers significant upside potential through a more hands-on, local management approach. With such a transition, expect enhanced operational efficiencies, revenue growth, and improved overall profitability.
Recent renovations have significantly upgraded the hotel, bolstering its competitive position in the market. These enhancements set the stage for achieving higher Average Daily Rates (ADR) and increased market share against its competitive set.
Don’t miss out on this opportunity to invest in a well-positioned property with promising growth potential!
Property Details
- Class
- C
- Year Built
- 1988
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 110,207 SF
- Units
- 42
Highlights
- High visibility location on US-18
- Currently operated by out of state ownership
- Existing ownership has completed a variety of recent renovations
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].