Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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P 952-405-9370
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Properties for Sale
GrandStay Hotel and Suites | Beaver Dam, Wisconsin
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Property SummaryLocation 325 Seippel Blvd, Beaver Dam, WI, 53916 Price $4,750,000 Rooms 62 Price Per Key $76,613 Revenue $1,516,364 Year-end 2019 |
The Property
Leines Hotel Advisors, Inc offers on an exclusive basis the GrandStay Hotel and Suites of Beaver Dam, Wisconsin. This hotel was newly franchised in the fall of 2019 to the upscale GrandStay brand to command a higher rate and greater operating flexibility. The higher rate, together with the lower franchise expense and more responsive marketing, make this an ideal hotel to add to your portfolio.
The property features 62-rooms in 3 stories, including whirlpool and two-room suites, an elevator, indoor pool, hot tub, high-speed internet, and meeting/party rooms. It is fully ADA compliant, including its web presence. Originally built in 1999 and still held by the original ownership group, it has been continually updated to stay on top of the market. This includes a complete asphalt replacement to the parking lot, pool deck replacement and pool coating, and new roof in 2019 alone. New granite vanity tops and a new high volume domestic hot water heater were installed in 2018, and new electronic door locks in 2017. Detail about additional improvements are available in the Investment Memorandum.
The Location
The Beaver Dam GrandStay is located off of Highway 151 in south central Wisconsin. It is centrally located between Madison (49 miles), Milwaukee (67 miles) and Fond du Lac (34 miles). The City of Beaver Dam has a population of 16,000+, with 88,000+ in its’ MSA (Micropolitan Statistical Area).
For an aerial view click this link: Aerial View
Investment Highlights:
- Offered at 3.2x room revenue.
- 2019 ADR: $97.68
- 2019 Occupancy: 69%
- In 2019: New roof, complete parking lot rebuild, resurfaced deck and pool, new signage.
- In 2018: New domestic hot water heater.
Additional Features:
- Indoor pool with Frog Slide and spa, all ADA compliant
- Electronic door locks.
- Granite vanity tops
- Humidity actuated bathroom fans.
Resource Links:
GrandStay Hotels (franchise company) website
Scan here for directions to the GrandStay Hotel & Suites of Beaver Dam, Wisconsin.
More Details
To request more investment details for this listing, please fill out our "Confidentiality Agreement" by clicking on the button below:
For more information call or email Leines Hotel Advisors, Inc.
Call 952-405-9370 or Email Leines Hotel Advisors, Inc.
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