Project Description

The Hampton Inn & Suites Madison East Towne Mall Area includes 115 guest rooms. The property was built in 1988 and had recent interior and exterior renovations completed in 2013 & 2014. The property is located across the street from 120 popular shops and restaurants and the East Towne Mall, which is a 10-minute drive from Downtown Madison. Property amenities include a recently refreshed breakfast lounge, a fitness center, indoor swimming pool, business center, valet laundry, and complimentary high-speed WIFI.

LOCATION: Madison, Wisconsin

YEAR BUILT: 1988

NUMBER OF ROOMS: 115

AQUISTION DATE: July 2019

PROJECTED IRR: 15%

PROJECTED EQUITY MULTIPLE: 1.09

BUSINESS PLAN: Renovation/Management Realignment