Marcus & Millichap Sells Oasis Hotel In Sheboygan Falls Wisconsin For $2.5 Million
600 North Main Street
$2,500,000
Building Size
—
Asset Type
Hotel
Closing
Apr 14, 2025
AI
The Oasis Hotel, located at 600 North Main Street in Sheboygan Falls, WI, is a 45-room hotel occupying 2.8 acres. Built in 1988, this hotel is conveniently situated near local employers and regional tourism destinations, facilitating its appeal to a variety of travelers. The transaction concluded at a price of $2,500,000.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: $2,500,000
- Address: 600 North Main Street, Sheboygan Falls, WI
- Market: Sheboygan Falls, WI
- Acres: 2.8
- Number of Keys: 45
- Price Per Key: $55,556
The transaction was facilitated by investment specialists Jon Ruzicka, Joseph Ferguson, and Reed Gizinski from Marcus & Millichap, who represented the sellers in this sale. The hotel’s strategic location and the reputation of its brokers played a significant role in concluding this successful deal.
Players
Sheboygan Falls 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93