AMERICINN
LOCATION
Chippewa Falls, WI
CLIENT
Chippewa Falls Motel Properties LLC
ROOMS
61
ASSIGNMENT
Disposition
PROJECT OVERVIEW
Ronn Thomas from Cushman & Wakefield was retained by Chippewa Falls Motel Properties LLC to sell the 61 room limited service AmericInn Hotel.
CHALLENGES
- Revenue numbers had declined due to new competition in the market.
- The hotel faced new competition, as several new hotels opened recently or were under construction.
- Owner did not want staff aware the property was for sale.
RESULTS
- Aggressively marketed the property, received multiple offers and achieved a higher sale price than the owner anticipated.
- Discretely marketed the property and personally managed and conducted all property tours.
- Sold property for a maximum value based on location within the market and perceived value of the business.
“I would like to thank Ronn Thomas and Cushman & Wakefield for the great & professional job in selling my Chippewa Falls AmericInn Property. Ronn was on top of every detail and followed through from start to finish on the sale. That price was even higher then I was asking. Great job!”
Tom Sheetz
Owner
Chippewa Falls Motel Properties LLC