Super 8 by Wyndham Milwaukee Airport — Sale in Milwaukee, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Milwaukee, WI 53207
  • Year built: 2023

Photos

Super 8 by Wyndham Milwaukee Airport — Sale in Milwaukee, WI, photo 1 of 3
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Super 8 by Wyndham Milwaukee Airport — Sale in Milwaukee, WI, photo 3 of 3

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Super 8 by Wyndham Milwaukee Airport (‘Hotel’ or ‘Property’) located at 5253 S Howell Avenue within Milwaukee’s established airport lodging corridor adjacent to Milwaukee Mitchell International Airport. The Wyndham Hotels & Resorts-branded Hotel is offered at $4,995,000 or $43,060 per key. Renovated in 2023, the Property features 116 guest rooms and benefits from its strategic location immediately adjacent to Milwaukee Mitchell International Airport. Operating under the globally recognized Super 8 by Wyndham brand, the Hotel caters to a diverse mix of business, leisure, and airport-related travelers visiting the greater Milwaukee market. The Property's location within Milwaukee's established airport lodging corridor provides strong visibility and accessibility while positioning the Hotel to capitalize on one of the region's most consistent sources of lodging demand. Designed to accommodate both transient and business travelers, the Hotel benefits from an exceptional location near Milwaukee Mitchell International Airport and Interstate 94, one of southeastern Wisconsin's primary transportation corridors. Major nearby demand generators include the airport itself, which supports year-round lodging demand from airline passengers, flight crews, airport vendors, and business travelers. Additional demand is generated by the numerous industrial, manufacturing, logistics, and distribution facilities located throughout the Milwaukee metropolitan area. Numerous retail, dining, and commercial destinations surrounding the airport further contribute to the Hotel's demand base. Milwaukee hosts several major events and attractions that collectively draw millions of visitors annually, including Summerfest (approximately 600,000 annual attendees and recognized as the world's largest music festival), Wisconsin State Fair (approximately 1.0 million annual attendee

Market Context

This hospitality in Milwaukee, WI is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2023. Compare it against other hospitality listings for sale in Milwaukee, WI — view the full market.

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