Centrally Located in the “Water Park Capital of the World”
Wisconsin Dells, commonly referred to as “The Dells”, is a world famous tourist destination known for its water parks, amusement parks, gaming centers, and live entertainment venues. The 95-room Springhill Suites and 105-room Fairfield Inn & Suites are conveniently located in the heart of Wisconsin Dells and are located within easy walking distance to three of the five major water parks.
Emergence of Drive-To Leisure Demand
As with many leisure markets in the U.S., Wisconsin Dells benefitted greatly from the demand shift that took place as a result of the Covid-19 Pandemic. During the pandemic, national demand shifted dramatically across the country from mostly corporate travel to almost exclusively local, drive-to leisure travel. Wisconsin Dells hosts over 4 million visitors annually and can be easily accessed by the 45 million people who live within a 5 hour drive of the city.
Convenient and Operationally Efficient Location
The Springhill Suites and Fairfield Inn & Suites sit directly across from one another on Iron Brigade Memorial Highway, which is the main North-South throughfare connecting the town’s theme parks and entertainment venues. Not only is this a convenient location for guests, but it also allows for potential operating efficiencies for a new management company.
Discount to Replacement Cost
The two-property portfolio is being offered at a significant discount to replacement value compared to the price of replicating the same assets today. This offers a new investor immediate value from day one of their investment.
Fairfield Inn & Suites
SpringHill Suites