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5217 E Terrace Dr
Madison, WI 53718

Price Upon Request

Hotel For Sale • 80,623 SF

Property Details

Property Type Hotel
Total Building Size 80,623 SF
Lot Size 3 AC
Building Class B
Year Built 1997
Zoning SEC

35 Transit Score

25 Walk Score

                
                    Highlights
                
                                120-rooms, 4 stories, Concrete Construction (Originally Constructed as a Woodfield Suites, La Quinta Benefits from Oversized Guestrooms & Corridors)
                            
                                Built in 1997, Just Renovated in 2023 (Minimal Change of Ownership PIP), Excellent 2023 Performance! 
                            
                                Growing Room Revenue Almost $2.4M, Robust In Place Cashflow, NOI Almost $900K, 58.0% Occupancy at $95.10 ADR (92.2% RevPAR Index)
                            
                                RevPAR up 10.2% May T12 2024 vs May T12 2023
                            
                                Excellent Location at the I-90/151 Interchange in Wisconsin State Capital of Madison
                            
                                Proximate to the University of Wisconsin-Madison, Dane County Regional Airport & East Town Mall

Amenities

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

Public Transportation

Airport	Drive	Walk	Distance
Dane County Regional/Truax Field	12 min	-	6.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	131
Type:	Surface
Included in Rent:	Yes

Scott Miller 815-543-9448 CBRE, Inc.

5217 E Terrace Dr Madison, WI 53718