Super 8
$2,350,000
2401 South Main Street, Canton, WI 54868
21,118 sqft
Building Size
1.81 acres
Lot Area
Details:
Highlights:
- 46 Units, 2 Stories, Interior Corridors
- 2025 Revenue: $721,943; 2024 Revenue: $720,471, 2023 Revenue: $747,203
- 2025 NOI ~$325,000 with CAP Rate of 13.8%
- Trailing Twelve Revenue thru April 2026: $753,202
- Consistent Revenue Year Over Year
- Priced at 3.1x Room Revenue
- Situated on South Main Street near the high-traffic interchange of U.S. Highway 53 and Highway 48.
- Located in the economic hub of the city with major plants located within a 5 minute drive including Rice Lake Weighing Systems, Johnson Truck Bodies, Quanex Building Products, and Henry Repeating Arms
- Close proximity to Rice Lake , the Cedar Side Walking Trail, and the Rice Lake Speedway, capturing significant seasonal tourism
Description:
Andrew Post and Sean Matura are pleased to present for sale the Super 8 by Wyndham located at 2401 S. Main Street, Rice Lake, Wisconsin.
This limited-service hotel benefits from strong Wyndham brand recognition and is positioned along a key commercial corridor serving the Rice Lake market. The property caters to both leisure and business travelers seeking dependable, value-oriented accommodations.
Conveniently located near downtown Rice Lake, the hotel enjoys access to regional employers, healthcare facilities, retail centers, and outdoor recreation. The property offers a stable investment opportunity in a consistent Wisconsin lodging market with steady year-round demand and potential for continued operational improvement.
Location
Gallery