726 S Lake Ave - Hospitality FOR SALE


Phillips, WI 54555
$1,799,000 USD
260-615-9248
726 S Lake Ave, Phillips, WI for Sale
$1,799,000 USD
Hospitality - FOR SALE
1/50
null | Request Cap Rate

726 S Lake Ave
Phillips, WI 54555


HIGHLIGHTS

  • Believed to be the only nationally branded hotel in Price County, creating a strong competitive advantage.
  • Opportunity for operational upside through revenue management improvements and continued market penetration.
  • Benefits from year-round demand generated by tourism, workforce lodging, contractors, hunting, fishing, ATV traffic, and snowmobiling.
  • Strategically positioned within Wisconsin’s Northwoods recreation corridor with strong regional visibility and accessibility.
  • Affiliated with Wyndham Hotels & Resorts and the Wyndham Rewards reservation platform.

OVERVIEW

Nationally branded hospitality asset operating as the Super 8 by Wyndham located in Phillips, Wisconsin, within the heart of Wisconsin’s Northwoods tourism and recreation corridor. The property is believed to be the only nationally branded hotel within Price County, creating a substantial competitive advantage through limited flagged competition, strong regional brand recognition, and affiliation with Wyndham’s global reservation and loyalty platform. The asset benefits from diversified year-round demand drivers including tourism, outdoor recreation, hunting and fishing activity, snowmobiling, ATV traffic, workforce lodging, contractor demand, and regional business travel throughout Northern Wisconsin. Strategically positioned along a primary corridor serving the region, the property offers strong visibility and accessibility for transient travelers and repeat regional guests. As one of the market’s only institutional-quality branded lodging options, the hotel is well-positioned to capture consistent occupancy from guests seeking the reliability of a national flag. Opportunity exists for continued operational optimization, ADR growth, revenue management improvements, and further penetration of regional tourism and workforce lodging demand, providing investors with long-term upside potential in a supply-constrained tertiary market.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$131 USD /SF

# OF ROOMS

32

PRICE/ROOM

$56,219 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Phillips

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

C1

APN/PARCEL ID

272-109704011

ASK ABOUT THIS PROPERTY

Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.