Hunter Advisors is pleased to offer for sale the leasehold interest in the Renaissance Milwaukee West (the “Hotel” or “Property”) an institutional-quality, 196-room, full-service, Marriott branded hotel. Strategically located in the city of Wauwatosa, Wisconsin, 10 miles west of Downtown Milwaukee, the Property benefits from its prime position near the area’s most prominent and stable demand drivers. Having opened in August 2020, the Hotel is a one-of-a-kind asset offering institutional appeal which stands out amongst its competitors.
- Pristine, AAA Four Diamond lifestyle hotel opened in August 2020
- Situated in a bustling retail corridor featuring the 1.2M-square-foot Mayfair Mall, the state’s largest mixed-use shopping destination, which is undergoing tremendous development and expansion, and the 69-acre mixed-use Mayfair Collection
- Strong presence of medical demand driven by the nearby Milwaukee Regional Medical Center, the state’s largest academic health center comprised of a consortium of leading healthcare institutions
- Best-in-class amenities and facilities, including ELDR+RIME Restaurant, Silhouette Lobby Lounge, over 9,000 square feet of meeting and event space, and a state-of-the-art fitness center located on the 12th floor of the Property
- Offered at a significant discount to today’s replacement cost and an attractive all-in basis
- High-barrier-to-entry submarket with no new hotel supply within a five-mile radius
- Management availability and limited CapEx due upon sale providing operational upside to a new owner
