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
LocationU.S. Highway 18/151
Property DescriptionLimited Service
Number of Rooms43
Major Source of BusinessUniversity, Transient, Business, Medical & Manufacturing
Site Size+/- 1.53
Year Built 1997
Last Year Renovated 2023
Common Area AmenitiesBreakfast area, business center, indoor pool, hot tub, guest coin laundry, meeting space & free WiFi