Hospitality Business for Sale in Wisconsin Dells, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Wisconsin Dells, WI 53965
  • Year built: 1994

Description

Located in the heart of Wisconsin Dells, the Grand Marquis Waterpark Hotel & Suites offers a premier family-friendly destination combining an expansive indoor and outdoor waterpark with comfortable accommodations. Built in 1994, the hotel features 93 suites and guest rooms, along with a variety of exciting water attractions, making it an ideal vacation destination for both local visitors and tourists. The hotel aims to be the top choice for family vacations, providing exceptional amenities, entertainment, and service. With its strategic location and unique offerings, it has the potential to become a leading property in the region. Wisconsin Dells, known as the "Waterpark Capital of the World", attracts millions of tourists annually with growing demand for family-centered experiences. The Grand Marquis Waterpark Hotel & Suites is positioned to capitalize on this by providing an all-in-one vacation experience. It stands out due to its expansive waterpark, which includes 10 water slides both inside and around the building, along with spacious family-style suites, an indoor hot tub, sauna, and a heated outdoor pool. The property offers significant upside potential for year-round operation and further growth in group bookings and repeat business. With a high average daily rate (ADR) and an attractive sale price well below replacement cost, it offers a unique investment opportunity. The hotel features multiple revenue streams, including room bookings, waterpark day passes, food and beverage sales, and event hosting. Its amenities include a versatile meeting/event space for corporate events, weddings, and other gatherings. The property also provides a rare opportunity to generate additional revenue through seasonal activities such as live music, special events, and promotions. There is also potential to enhance revenue by utilizing the mezzanine level to open a diner or restaurant, tapping into the demand for casual dining in the area. With its wide range of suite styles a

Market Context

This hospitality in Wisconsin Dells, WI is listed for sale. It is offered at an approximate 7.6% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1994. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Wisconsin Dells, WI — <a href="/search/sale/hospitality/wisconsin/wisconsin-dells">view the full market</a>.

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