Property Overview

The Cobblestone in Durand, WI is a 2-story, interior corridor hotel that is being offered for sale with great upside opportunity. The property is currently owned by an absentee owner with third party management. A new owner can significantly reduce payroll expenses and own a property with high ADR and low maintenance costs due to it’s age and construction design. The property is being sold unencumbered from management. The property must remain a Cobblestone Inn & Suites with a new 10 year license. DO NOT VISIT OR CONTACT THE PROPERTY DIRECTLY. ALL SITE VISITS MUST BE APPROVED BY TED HOLMES. Listed in cooperation with Madison Commercial Real Estate, LLC License #57200-90

Property Highlights

Asking Price$1,300,000
LocationSouth of I-94
Property DescriptionLimited Service
Number of Rooms31
Major Source of BusinessLeisure and Commercial
Site Size+/- 1.3 Acres
Year Built 2008
Last Year Renovated Unknown
Common Area AmenitiesBreakfast Area, Guest Laundry, 24-Hour Onsite Convenience, 24-Hour Front Desk, Business Center, Meeting Room & Bar