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5217 E Terrace Dr
Madison, WI 53718 East Madison

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
23 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

AirportDriveWalkDistance
Dane County Regional/Truax Field 13 min - 6.2 mi

Parking Details

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