Hotels for Sale

HOLIDAY INN EXPRESS WISCONSIN DELLS, WI

Address:
Baraboo, WI, Wisconsin
Description:
  • Fee simple interest in the 114-room Holiday Inn Express Wisconsin Dells, WI offered at a fraction of replacement cost
  • Property offered through a receiver sale in the June 1-3 Ten-X auction event
  • Top branded asset in one of the most popular drive-to leisure markets in the Midwest known as the “Waterpark Capital of the World”
  • Offered unencumbered by debt and management with upside for potential buyer taking over receiver management
  • Ability to retain the IHG flag for a long-term license upon completion of the PIP or exit the IHG system to rebrand to another flag
  • Strong operational upside purchasing out of receivership, completing the PIP, and securing a new long-term franchise agreement w ith IHG
  • Situated on US Hwy 12 (Wisconsin Dells Parkway) just north of I-90 – which connects the Twin Cities, Wisconsin Dells, Madison, Milwaukee, and Chicago – with over 11k vehicles passing the location daily
  • Proximate to all broader Wisconsin Dells area demand including, Noah’s Ark Waterpark, Mt Olympus Water & Theme Parks, Outlets at the Dells, Spring Brook Golf Course, Christmas Mountain Golf, Christmas Mountain Village, Cascade Mountain, Ho-Chunk Gaming, Lake Delton, Sysco Baraboo, and Teel Plastics
  • Ideally located in the Wisconsin Dells market, one of the largest drive-to leisure demand markets in the Midwest – which is well-positioned to recover quicker than other markets with the pent-up demand, the percentage of the population already vaccinated, and the easing of travel restrictions
  • In 2019 the Wisconsin Dells hosted over 4MM visitors who spent over $1.6BB – the bulk of that spending was on lodging

Listing Agents

Andrew Makhlouf
T | 312.610.9067
Email

Brent Clemens
T | 312.402.2959
Email

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