Fee simple interest in the institutionally owned 62-room Fairfield Inn in Racine, Wisconsin
Available for purchase in the January 23rd auction event via Ten-X
Offered as part of a four-property portfolio, with all properties being sold individually
Offered unencumbered by management and debt and a significant discount to replacement cost
Offered unencumbered by brand, with a variety of alternative branding options available for conversion
Strong operational upside in transitioning the asset out of institutional ownership and third-party management
Easily accessible from, and highly visible along, the heavily trafficked Washington Avenue corridor, with over 7,000 vehicles passing daily
Located within five miles of Racine’s five largest employers: SC Johnson & Son, Modine Manufacturing, CCB Technology, Johnson Financial Group, and Johnson Outdoors
Readily accessible to all local leisure demand drivers, including downtown Racine, the Racine Art Museum, and the Lake Michigan lakefront and beaches
Opportune time to invest in Racine County, with Microsoft's recent announcement of a $3.3 billion planned AI infrastructure investment—one of the largest private-sector investments in Wisconsin’s history