Marcus & Millichap announced the sale of a 50-room hotel and restaurant building property located in Sturtevant, Wisconsin.
Ebrahim Valliani, first vice president, and Michael Klar, senior associate, both investment specialists in Marcus & Millichap’s, Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Valliani and Klar. Chris Gomes, senior managing director, and Allan Miller, senior vice president, in Marcus & Millichap Dallas and Austin offices, respectively, were also listed on the deal as supporting brokers. Todd Lindblom assisted in closing this transaction.
The property is located at 910 S. Sylvania Ave. in Sturtevant, Wisconsin, and the hotel will be converted to a Super 8 by Wyndham.