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1510 County Road XX Rothsch...

Marcus & Millichap Brokers Sell Rothschild Hotel For $1.65M
SOLDHotel

Marcus & Millichap Brokers Sell Rothschild Hotel For $1.65M

1510 County Road XX Rothschild, Wisconsin 54474, USA

$1,650,000

Building Size

Asset Type

Hotel

Closing

Jun 6, 2023

AI

A hotel located at 1510 County Road XX in Rothschild, WI has been sold for $1,650,000. The property consists of 60 keys, with a price per key of $27,500.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $1,650,000
  • Address: 1510 County Road XX, Rothschild, WI
  • Market: Rothschild, WI
  • Keys: 60
  • Price Per Key: $27,500

The sale of this hotel was facilitated by Jared Plamann, Jake M. Erickson, Joseph Ferguson, and Jon Ruzicka of Marcus & Millichap. They represented the buyers and sellers in this transaction.

Players

Jon Ruzicka

Marcus & Millichap

Broker

$161.7M

vol

17 deals

Broker

Rothschild Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93