Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully facilitated the sale of a 42-room AmericInn hotel in Rice Lake, Wisconsin. The transaction, announced on May 28, 2025, features a strategic buyer located near the property, allowing for a more engaged ownership approach. The hotel, situated on 1.26 acres at 2906 Pioneer Ave., boasts amenities such as a heated indoor pool, complimentary breakfast, and a business center. Built in 1994, it attracts steady business and leisure travelers due to its proximity to local attractions and businesses. Modest updates are planned to maintain the hotel's clean, comfortable offerings in Rice Lake's strong hospitality market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.