5217 Ter Dr Madison, WI 53718-8339

This 120-key La Quinta Inn & Suites, located in Madison, WI, presents a compelling investment opportunity. The hotel, situated at the I-90/151 interchange in the American Center Business Park, benefits from a prime location near the University of Wisconsin-Madison, Dane County Regional Airport, and East Town Mall, catering to both business and leisure travelers. Built in 1997 and extensively renovated in 2023, this four-story, 1,535 square foot property boasts quality concrete construction, originally built as a Woodfield Suites, resulting in oversized guest rooms and corridors. The hotel's strong performance in 2023 is reflected in its room revenue exceeding $2.4 million and a net operating income (NOI) of approximately $850,000. Madison's robust economy, driven by diverse industry clusters including university, medical, corporate, and leisure sectors, further enhances the property's long-term potential. This fee-simple interest offering provides an exceptional chance to acquire a well-positioned, high-performing hotel in a thriving Wisconsin market. The minimal changes of ownership post-renovation further minimize potential operational disruptions. The property's strong cash flow and strategic location make it an attractive investment for discerning buyers seeking a stable and growing hospitality asset.