Property Overview
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 |