Property Overview
PLEASE DO NOT VISIT OR CALL THE PROPERTY DIRECTLY.
ALL SHOWINGS MUST BE MADE WITH TED HOLMES WITH MORE THAN 24 HOURS NOTICE.
ANYONE THAT SHOWS UP AT THE HOTEL WITHOUT A CONFIRMED TOUR WILL BE DENIED.
This Super 8 is situated off U.S. Highway 18/151 in Verona, Wisconsin. Verona is a part of the greater Madison MSA and is approximately 10 miles SW of downtown Madison.
This 43-room, interior corridor hotel has a proforma based revenue multiplier of 2.4x and a 12% cap rate based on the hotel's comp set.
Significant upside with improved operations or brand conversion.
Property Highlights
| Asking Price | $2,300,000 |
| Location | U.S. Highway 18/151 |
| Property Description | Limited Service |
| Number of Rooms | 43 |
| Major Source of Business | University, Transient, Business, Medical & Manufacturing |
| Site Size | +/- 1.53 |
| Year Built |
1997 |
| Last Year Renovated |
2023 |
| Common Area Amenities | Breakfast area, business center, indoor pool, hot tub, guest coin laundry, meeting space & free WiFi |