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600 North Main Street

Marcus & Millichap Sells Oasis Hotel In Sheboygan Falls Wisconsin For $2.5 Million
SOLDHotel

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

Jon Ruzicka

Marcus & Millichap

Broker

$161.7M

vol

17 deals

Broker

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