Marcus & Millichap brokers sale of waterpark hotel in Wisconsin Dells

Marcus & Millichap brokers sale of waterpark hotel in Wisconsin Dells

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Grand Marquis Waterpark Hotel & Suites, a 93-room hotel with an expansive indoor and outdoor waterpark, located in Wisconsin Dells, Wisconsin.   Jon Ruzicka and Raj Patel, investment specialists in Marcus & Millichap’s Milwaukee and Minneapolis offices, had the exclusive listing to market the property on behalf of the seller and procured the buyer.  The Grand Marquis Waterpark Hotel & Suites is situated on 3.19 acres at 840 Wisconsin Dells Parkway South. Built in 1994, the property features meeting and event space, 10 water slides, family-style suites, an indoor hot tub, sauna and heated outdoor pool. An experienced hotel operator is expected to implement revenue management and operational strategies to further enhance the property’s performance and efficiency.