Hotels for Sale

Comfort Inn Onalaska, WI

Address:
Onalaska, Wisconsin
Description:

UNDER CONTRACT

• Fee simple interest in the institutionally owned and third party managed 69-room Comfort Inn Onalaska-La Crosse offered at a substantial discount to replacement cost
• Property offered for individual sale through Ten-X as part of a larger portfolio sale through Ten-X
• Available unencumbered of debt and third-party management with ability to retain the Comfort Inn brand
• Moderate change of ownership PIP expected with more than $340,000 (~$5k per key) of recently completed renovations
• Adjacent to Interstate 90 interchange with upwards of 83,000 cars passing the location daily
• Optimal location in the heart of Onalaska, proximate to the city’s top-ten largest employers.
• The Subject Hotel is ideally situated in a mixed-use development anchored by Festival Grocery Store, Sam’s Club, and Panera Bread
• Proximate to all regional demand generators including Onalaska OmniCenter, Mayo Clinic, Trane Inc., and the University of Wisconsin-La Crosse
• Within walking distance of numerous full-service nationally recognized restaurants

Listing Agent

Mike Schlictman
T | 803.920.4173
Email Agent

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