Case Study -Waupaca hotel for sale in Wisconsin

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Challenge of finding a buyer looking to run a select-service operation with many moving parts
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Case Study -Waupaca hotel for sale in Wisconsin

  1. 1. Best Western Grand Seasons – Waupaca, WIA National Search for a Select-Service OperatorHotel for Sale: Best Western Grand SeasonsMarket: Waupaca, WisconsinThe select-service Best Western was originally built in 1988 with a 30-roomaddition in 1993. The 90-room, 3-story brick hotel is situated in a highly visiblelocation along US Highway 10 in Central Wisconsin.ChallengeBest Western Grand Seasons hotel presented the challenge of finding a buyerlooking to run a select-service operation with many moving parts. The propertycontains approximately 10,000 sq. ft. of meeting space, a large leased fitness facility,lounge, and an indoor waterpark.Hotel Sales/Marketing ProcessThrough an aggressive national sales and marketing process, prospective buyerswere identified who owned similar properties or sought opportunistic acquisitionopportunities.ResultsThe purchaser of the property was an Arkansas-based entrepreneur withexperience operating full-service hotels and was looking to expand into theWisconsin market.

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