Marcus & Millichap negotiated the sale of Best Western Plus, a 68-room hotel property located in Hudson, Wisconsin in the Minneapolis MSA.
Jon Ruzicka and Joseph Ferguson, investment specialists in Marcus & Millichap’s Minneapolis office, listed the property on behalf of the seller. Todd Lindblom, Broker of Record in Wisconsin, assisted in closing the transaction. This transaction marks the third time the Ruzicka/Ferguson team has sold this hotel.
Best Western Plus, located at 1200 Gateway Blvd., was built in 1998 and underwent a comprehensive conversion renovation in 2019. The three-story hotel features 68 guest rooms and amenities including a pool and whirlpool, a fitness center and outdoor green space. The property is situated off I-94, just 20 minutes from downtown St. Paul and the Minneapolis-St. Paul International Airport.