Marcus & Millichap Facilitates Sale of 42-Room AmericInn Hotel in Wisconsin
Marcus & Millichap has announced the successful sale of a 42-room AmericInn hotel located in Rice Lake, Wisconsin.
“This transaction stood out due to the buyer’s close proximity to the property, which enables a more hands-on ownership style,” said Jon Ruzicka, First Vice President Investments at Marcus & Millichap. “That level of involvement is expected to strengthen daily operations and deepen guest relationships. With modest updates planned, the hotel will continue to offer the clean, comfortable experience travelers value. The Rice Lake hospitality market remains strong, with steady tourism and ongoing demand for well-run, midscale accommodations.”
Ruzicka, along with Joseph Ferguson and Reed Gizinski—investment specialists based in Marcus & Millichap’s Minneapolis office—held the exclusive listing to market the property on behalf of the seller and also procured the buyer. Todd Lindblom acted as Marcus & Millichap’s broker of record in Wisconsin.
The two-story AmericInn is situated on a 1.26-acre site at 2906 Pioneer Avenue, just off Highway 53. Built in 1994, the hotel features a heated indoor pool, complimentary breakfast, and a business center. Its location provides consistent demand from both business and leisure travelers, with nearby attractions and employers including Rice Lake Weighing Systems, Marshfield Clinic, the Red Cedar River, and Turtleback Golf Course.
