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Hampton Inn Milwaukee/Brookfield

575 N Barker Rd, Brookfield, WI 53045, United States

Hampton Inn Milwaukee/Brookfield

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the recently renovated 119-room Hampton Inn Milwaukee/Brookfield ("Hotel" or "Property"), situated at 575 N Barker Rd, Brookfield, WI 53045.

Access Data Room
# Keys
119
Property Type
Hotel & Hospitality
Deal Type
Acquisition
Risk Profile
CoreCore Plus

The newly renovated Hampton Inn Milwaukee/Brookfield is an attractive opportunity for investors to acquire an asset that contains significant top-line upside and minimal capital expenditures upon acquiring the asset due to recent and extensive renovations.

 

The Hampton by Hilton Inn Milwaukee/Brookfield is located in Brookfield, Wisconsin, a suburb of Milwaukee. The Hotel is served by Interstate 94, one of the key arteries in the region, which saw over 96,000 travelers daily in 2022. In regard to Leisure demand generators, the Hotel is seven miles away from the Milwaukee County Zoo, an attraction that typically sees more than 1 million visitors annually, and the Brookfield Square Mall, one of the premier shopping destinations in the region. Other leisure destinations within 15 minutes of the Hotel include the American Family Field, OAW Sports Complex, and the Wisconsin State Fair Park. The Hotel is a 20-minute drive from downtown Milwaukee, which hosts numerous festivals, including the famed Summerfest, previously known as "The World's Largest Music Festival," which has seen attendance numbers of nearly 1 million across its 11-day run in past years. Moreover, the Hotel is set to benefit significantly due to its proximity to the 2024 Republican National Convention which is located less than 15 miles from the Hotel. Having secured a substantial group booking of 110 rooms, the Hotel will amass revenues in excess of $450,000 within just over a week's duration.

 

In addition, the Hampton Inn Milwaukee/Brookfield is poised to benefit from significant commercial development in the vicinity. Brookfield has recently seen unprecedented levels of commercial development, creating an influx of potential hotel demand generators. With new, large-scale projects like the $120M mixed-use development planned by Wimmer Communities and the redevelopment of the Brookfield Square Mall site, this hotel is positioned at the epicenter of growth and progress.