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28897873
28897876

5110 Main St, Stevens Point, WI 54481

SS
CA CA 01859094
T S Hotel Advisors, Inc.
ST
CA CA: 01773230
T S Hotel Advisors, Inc.
Listed by T S Hotel Advisors, Inc.
$4,000,000
205 days on market
Updated 9 days ago

Ramada By Wyndham

Details
Property Type Hospitality
Sub Type Hotel
Keys 114
Year Built 1984
Year Renovated 2021
Stories 2
Acreage 5.870
Zoning Commercial

Value Add Opportunity | Independent Hotel | 120 Keys | Stevens Point, Wisconsin

Marketing description

  • CLICK HERE FOR PROPERTY WEBSITE & DEAL ROOM

    • Listed at $4,000,000 ($33,333 PPK); Property now flagged as Ramada with over $500k key money available

    • Over $1.2M Room Revenue + $100k Gaming Revenue + $50K NNN for 2025

    • Remaining PIP estimated at approximately $250K

    • RevPAR $44 - Trend Report for economy

    • Seller is highly motivated and will consider price modifications based on key money and improvements completed. Offers with quickest close and probability of closing will receive more weight in sellers’ decision.

    • Option to purchase with or without key money, subject to price adjustment

    • Interior-Corridor Hotel, 120 Rooms on Nearly 6 Acres.

    • Trend Report for economy - RevPAR $44

    • Famous On-Site Restaurant: Legacy Family Restaurant — currently operating under absolute net lease with the hotel. A popular dining destination for guests and locals, 2024 Community’s Choice Award: Best of Portage County.

    • Value Add Opportunity: Legacy Family Restaurant is exploring a lease for banquet space on-site, creating value-add potential to increase revenue and enhance the property’s offerings.

    • Additional income from five lobby slot machines — a 90/10 revenue split contributes roughly $100,000 annually to the property’s bottom line.

    • Contract Business: One of the few 100+ room midscale hotels with recurring crew contracts.

    • Stevens Point (population ~26,465) is recognized among the Top 10 Dream Towns, Best Small Cities in America, and Best Cities for Outdoor Lovers — a highly livable, walk-friendly community known for its safety and exceptional quality of life.

    • Minutes from the University of Wisconsin–Stevens Point (8,263 students), a major local demand generator

    • Prime Location: Exceptional visibility along I-39 near UW–Stevens Point, downtown, and major corporate employers.

    BRING ALL OFFERS! Please call listing broker, Sheil Stampwala, at 714.242.8291 for pricing structure.

Listing Contacts

SS
CA CA 01859094
T S Hotel Advisors, Inc.
ST
CA CA: 01773230
T S Hotel Advisors, Inc.
Listed by T S Hotel Advisors, Inc.

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Additional Information

Name
Scott Reid
License
938545-91
Brokerage
ParaSell
Brokerage Phone
949-942-6578
Title
Broker of Record
Brokerage Address
940 South Coast Drive, Suite 100 Costa Mesa, CA 92626
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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