Hotels for Sale

AmericInn Hudson, WI

Address:
Hudson, Wisconsin
Description:
  • Fee simple interest in the 63-room former Fairfield Inn Hudson offered at a fraction of replacement cost
  • Property offered for individual sale through Ten-X as part of a larger portfolio sale on October 24th
  • Significant operational upside following lengthy foreclosure process in 2017 with very limited capital investment in property improvements and very limited operational oversight in many years
  • Available unencumbered of debt and third-party management with scheduled rebranding to Wingate by Wyndham in late July 2018
  • Seller has pre-negotiated franchise terms with Wyndham including the buyer option for reduced royalty fees or key money payment
  • Financing available with upwards of 80% 'Loan to Cost' (LTC) for qualified bidders
  • Minimal Wyndham change of ownership PIP expected upon transfer of franchise and sale of asset with 18-month deferment on full PIP requirements
  • Easily accessible to Interstate-94 with upwards of 100,000 cars passing the location daily
  • Situated within three miles of historic downtown Hudson and all primary leisure demand generators
  • Hudson is located within the broader Minneapolis-St. Paul Metropolitan Statistical Area with a combined statistical area population of nearly 4MM residents
  • Thought the property is within the Minneapolis MSA, the town is the fist stop within Wisconsin allowing for the benefit of cheaper Wisconsin state income tax and Wisconsin state sales tax

Listing Agents

Subu Thiagarajan
T: 510.205.7931
Email
DRE #01891134

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