215 Walworth AveDelavan, WI 53115

This six-story, 42,535 square foot Baymont Inn, located at 215 E Walworth Ave, Delavan, WI 53115, presents a compelling investment opportunity. Boasting 60 guest rooms and situated on an 8,276 square foot lot, this established hotel offers significant upside potential. Built in 1979, the property features an interior corridor design and includes a 100-person ballroom, a 50-person conference/meeting room, an on-site bar and restaurant, and two storefront shops. The hotel's strategic location, just 15 minutes from Lake Geneva, WI, capitalizes on the area's thriving tourism industry. Recent room revenue figures demonstrate growth, with $474,689 in 2022, $507,351 in 2023, and a trailing twelve-month revenue (October 2024) of $617,819. Despite recent renovations, occupancy has been under 30% in the last three years, indicating substantial room for improvement and revenue generation. The property is zoned BC and is priced at $2,790,000, or approximately $46,500 per key. This represents a unique chance to acquire a well-positioned hospitality asset in a desirable Wisconsin location with considerable growth prospects. Detailed financial information is available upon request.