Hampton Inn by Hilton | Plover - Stevens Point WI
About This Property
Marketing description
CBRE Hotels is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 64-room Hampton Inn by Hilton in Plover, Wisconsin. The hotel is conveniently located off Interstate 39 (AADT of 14,600) between Madison and Wausau near the University of Wisconsin-Stevens Point and the Stevens Point Municipal Airport, offering strong transient and corporate demand. The hotel is located within a few miles of Central Wisconsin Children’s Museum, UWSP Museum of National History, Ascension St. Michael’s Hospital and Stevens Point Country Club. The hotel is being offered unencumbered of management enabling a new owner to grow the hotel’s revenue and net operating income.
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Investment highlights
- 64 rooms, 3 stories, built in 2005
- 2026 March Trailing 12 Month Performance:
- Over $2M in Room Revenue and over $500K NOI
- 62.2% Occupancy @ $140.06 ADR ($87.15 RevPAR)
- Attractive Upside Opportunity:
- Excellent in place performance as an unrenovated property with opportunity to increase ADR once Property Improvement Plan is complete
- Absentee out-of-state owner with a professional 3rd part management company in place, operating upside for a hands-on owner/operator to increase both Room Revenue and NOI
- Excellent Location off Interstate 39 between Madison & Wausau:
- Located 100 miles from Madison and Green Bay; 150 miles from Milwaukee and less than 250 miles from Chicago and Minneapolis
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