- For Sale Contact for pricing
- Property Type Hotel / Motel
- Property Size 209,088 SF
- Lot Size 4.8 Acre
- # of Floors 5
- Parking Spaces Avail. 216
- Parking Ratio 45000.00 / 1,000 SF
- Year Built 1974
- Year Renovated 2016
- Date Updated Jun 9, 2026
Description
Property Highlights
- Fee simple interest in the 160-room Holiday Inn Riverfront in Milwaukee, Wisconsin
- Offered through a court-appointed receivership sale via the July 15 RIM auction
- Property was transferred to special servicing in August 2024, followed by the appointment of a court-appointed receiver in April 2025
- Unencumbered by management and debt, and offered at a substantial discount to replacement cost
- Eligible for relicensing under the Holiday Inn flag through a long-term franchise agreement with IHG
- New ownership can unlock meaningful upside following the transition from court-appointed receivership
- Recent comp set momentum supports additional upside, with trailing 12-month RevPAR growth of 6%+, materially outpacing the national average
- Benefits from a constrained North Shore / Milwaukee Riverfront submarket pipeline, with no new hotel supply approved or under construction
- Lamar P. Fisher Fisher Auction Company Inc. License: 2876-52. Starting Bid $2,000,000.
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Contacts
RI Marketplace Marketing
RealINSIGHT Marketplace
Location
Located at 4700 North Port Washington Road, Milwaukee, WI 53212, this property is part of the Glendale neighborhood and Milwaukee market.
Contact Listing Broker
RI Marketplace Marketing
RealINSIGHT Marketplace