Paramount Lodging Advisors (PLA) Presents Knights Inn, Racine, WI
Paramount Lodging Advisors (PLA) is pleased to present the 106-room Knights Inn Racine, a fee-simple, recently renovated hotel located at 1149 Oakes Rd. in Racine, Wisconsin, centrally positioned along the Interstate 94 corridor between Milwaukee and Chicago. The offering is exclusively represented by Deep Dave, Senior Associate, of Paramount Lodging Advisors.
The asset is offered unencumbered of debt, providing new ownership immediate operational flexibility and an accessible, economy-tier entry point. Originally built in 1988 and recently renovated in 2026, the property carries limited near-term capital exposure, allowing a buyer to focus on revenue growth rather than deferred maintenance.
The hotel generated $1,245,183 in 2025 TTM revenue at 45.0% occupancy and a $71.52 ADR, reflecting stabilized cash flow within a recession-resilient economy segment supported by steady transient and corporate demand. Primary upside exists in closing the gap between the property's below-market RevPAR of $32.30 and broader market performance, with meaningful room for rate and revenue lift through rebranding, channel optimization, and improved revenue management.
The 3.38-acre site adds further flexibility, featuring approximately 150 surface parking spaces and 40,128 square feet of single-story improvements. The low-maintenance footprint and surplus land create optionality for an owner-operator seeking a manageable, high-yield asset with room to reposition.
Investment Highlights
Fee-simple interest in the 106-key Knights Inn Racine, built in 1988 and recently renovated in 2026, limiting near-term capital exposure
Offered unencumbered of debt, allowing for immediate operational flexibility and an accessible entry point
Stabilized cash flow with $1,245,183 in 2025 TTM revenue at 45.0% occupancy and a $71.52 ADR within a recession-resilient economy segment
Clear value-add opportunity through a below-market RevPAR of $32.30, leaving room for rate and revenue lift via rebranding, channel optimization, and improved revenue management
Extensive 3.38-acre site with approximately 150 surface parking spaces and 40,128 square feet of single-story improvements, offering flexibility and a low-maintenance footprint
Economy-tier, debt-free structure that opens the buyer pool to individual operators and smaller sponsors seeking immediate yield
Location Advantages
Located in Racine, Wisconsin, the largest city in Racine County and a key hub along the state's southeastern Lake Michigan shoreline
Strategically positioned along the Interstate 94 corridor, centrally located between Milwaukee (30 miles) and Chicago (60 miles), capturing transient commercial and leisure traffic to supplement local demand generators
Midweek corporate demand anchored by CNH Industrial, SC Johnson, and manufacturers throughout Racine County
Healthcare demand supported by Ascension All Saints and Aurora Medical Center
Seasonal Lake Michigan leisure demand driven by North Beach, area festivals, and charter fishing
Paramount Lodging Advisors (PLA) is a national hotel brokerage and advisory firm specializing in hospitality asset sales, debt and equity placement, and value-enhancement strategies. For more information and access to the due diligence vault, visit https://platform.reverecre.com/project/6ac45484-ce1f-411c-b5c2-d29e763af35d
To connect with Deep regarding this offering, visit: https://paramountlodging.com/team