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33867558
33868216

660 Nygaard St, Stoughton, WI 53589

JR
WI 76173-94, MN MN 40583288 (+4)
Marcus & Millichap - Minneapolis
RP
WI WI 97347 - 94
Marcus & Millichap - Milwaukee
Listed by Marcus & Millichap - Minneapolis, Marcus & Millichap - Milwaukee
$2,725,000
3 days on market
Updated 2 days ago

Quality Inn & Suites Stoughton - Madison South

Details
Property Type Hospitality
Sub Type Hotel
Keys 50
Class B
Year Built 1998
Year Renovated 2025
Stories 2
Acreage 1.660
Ownership Fee Simple

Madison WI MSA| Extensively Renovated Midscale Hotel Under $3M

Marketing description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Quality Inn & Suites Stoughton – Madison South, a well-maintained and extensively renovated hospitality asset within the growing Madison, Wisconsin MSA. Located in Stoughton, just south of downtown Madison, the property benefits from strong visibility along an expanding commercial corridor fueled by continued residential, retail, and business development. Offered at approximately $54,000 per key, the asset represents an attractive opportunity to acquire a recently renovated midscale hotel with limited near-term capital needs in a highly desirable Madison-area lodging market.

Owned and carefully maintained by the same ownership group for over 15 years, the property offers a turnkey investment opportunity with significant recent capital improvements and no outstanding PIP obligations. Ownership has invested substantially into the asset through renovations that exceed Quality brand standards, including upgraded guestroom furniture packages (2024/2025), fully renovated guest bathrooms, refreshed guestrooms with contemporary finishes, and meaningful enhancements to public spaces, including a remodeled two-story lobby and updated breakfast/meeting area.

The property further distinguishes itself through oversized guestrooms averaging approximately 15% larger than standard room sizes, creating an enhanced guest experience, broader customer appeal, and stronger competitive positioning within the local market. The hotel also offers suite accommodations, enhancing its ability to capture extended-stay, business, and family travel demand while supporting greater guest flexibility and length of stay.

The surrounding trade area has experienced notable growth over the past several years, including the addition of a Super Walmart, new retail development directly across the street, expanded dining and entertainment options within walking distance, and a new mixed-use residential and business district currently under construction less than one-half mile from the hotel. These developments continue to strengthen lodging demand drivers and reinforce the long-term positioning of the asset within a rapidly expanding submarket.

The hotel also presents a compelling opportunity for an incoming owner-operator or more engaged investment group to unlock additional value through a more hands-on operating approach. Current ownership has managed the asset remotely on a largely passive basis, creating identifiable upside potential through enhanced revenue management, stronger local business and group demand penetration, more active sales efforts, and operational efficiencies achievable through day-to-day oversight.

Backed by substantial recent renovations, oversized guestrooms, no outstanding PIP obligations, and a strategic location within one of the Madison area's fastest-growing commercial corridors, the Quality Inn & Suites Stoughton – Madison South represents an opportunity to acquire a well-positioned hospitality asset with strong in-place fundamentals and meaningful upside potential.

Investment highlights

  • Attractive Acquisition Basis At Approximately $54,000 Per Key For A Recently Renovated Midscale Hotel Within The Growing And Highly Desirable Madison, Wisconsin MSA
  • Extensively Renovated Asset With Significant Recent Capital Improvements And Limited Near-Term Capital Needs, Including Guestrooms, Bathrooms, Lobby, And Breakfast Area Upgrades
  • No Outstanding (PIP) Obligations, Offering Investors A Turnkey Acquisition With Reduced Near-Term Brand-Related Capital Exposure
  • Current Ownership Operates The Hotel Remotely On A Passive Basis, Creating Identifiable Upside Through Hands-On Management And Operational Efficiencies
  • Strategically Located Along An Expanding Commercial Corridor Supported By Continued Residential, Retail, And Business Development South Of Madison
  • Oversized Guestrooms Averaging Approximately 15% Larger Than Standard Room Sizes Enhance Guest Appeal And Strengthen Competitive Positioning
  • Suite Accommodations Support Extended-Stay, Business, And Family Travel Demand While Enhancing Guest Flexibility And Length Of Stay Potential
  • Surrounded By New Retail, Dining, And Mixed-Use Development, Reinforcing Long-Term Lodging Demand Within A Rapidly Growing Submarket
  • Award-Winning Property Recognized By Choice Hotels With The Gold Award, Demonstrating A Proven Track Record Of Guest Satisfaction And Operational Excellence

Listing Contacts

JR
WI 76173-94, MN MN 40583288 (+4)
Marcus & Millichap - Minneapolis
RP
WI WI 97347 - 94
Marcus & Millichap - Milwaukee
Listed by Marcus & Millichap - Minneapolis, Marcus & Millichap - Milwaukee

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Zoning

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PB PlannedPlanned Business District
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Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Todd Lindblom
License
WI 56163-90
Title
Broker of Record
Name
Jon Ruzicka
License
76173-94
Brokerage
Marcus & Millichap
Title
Real Estate Salesperson
Brokerage Address
1601 Utica Ave. South
Name
Raj Patel
License
WI 97347 - 94
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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