4822 E Washington Ave - Hospitality FOR SALE
Madison, WI 53704 |
4822 E Washington Ave
Madison, WI 53704
HIGHLIGHTS
- 152 Rooms, 6 Stories, built in 1962 (2 Story Wing) & 1986 (6 Story Tower)
- Strong performance with average room revenue over $2.6M from 2017-2019
- 2021 54.0% Occupancy @ $68.27 ADR
- RevPAR up 66.8% for October, November, and December 2021 year over year (Comp Set up 91.0%)!
- Available at a significant discount to replacement cost
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Comfort Inn & Suites Madison - Airport
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
33560
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1963
PARKING SPACES
148
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
CC-T
APN/PARCEL ID
0810-272-0324-9
