HOLIDAY INN MANITOWOC

4601 CALUMET AVE

MANITOWOC, WI 54220


Availability: Under Contract

Price: $10,000,000

Address:
4601 Calumet Ave

Manitowoc, WI 54220

Number of Rooms: 204

Year Built: 1987

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 204-room Holiday Inn located in Manitowoc, Wisconsin. The hotel is a three-story property built in 1987 and located off Interstate 43. Holiday Inn Manitowoc provides the opportunity for a new owner to acquire a full-service hotel with potential to realize significant RevPAR growth through completion of the PIP, hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • Property is Located Just off Interstate 43
  • Positive Trending RevPAR
  • October 2023 Running 3-Month RevPAR has seen a +/- 24.1% Increase Compared to the Previous Year
  • Proximate to Lambeau Field, Point Beach Nuclear Power Plant, Jagemann Metal Stamping, Whistling Straits Golf Course, Kohler Company Headquarters, and More

EXCLUSIVELY LISTED BY

SCOTT J. HAVERICAK

Scott.Havericak@MarcusMillichap.com

(954) 554-1639

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

BROKER OF RECORD

Todd Lindblom
WI Broker of Record
262.364.1964
License: 56163-90