Hampton Inn at 45 and Silver Spring sold for $6 million

The property has an assessed value of about $4.3 million

Last updated on May 15th, 2019 at 05:04 pm

The Hampton Inn Milwaukee-Northwest hotel, located northeast of U.S. Highway 45 and Silver Spring Drive, was sold to a local entity for $6.15 million, according to state records.

Milwaukee-based Lovers Lane Road LLC purchased the hotel from an affiliate of Indianapolis-based SUN Development & Management Corp. The registered agent for Lovers Lane Road LLC is Alpesh Patel, who could not be reached for comment.

The hotel is located at 5601 N. Lovers Lane Road in Milwaukee. The four-story, 47,244-square-foot building was built in 1986 and has 107 hotel rooms.

The property also has a billboard. The property has an assessed value of about $4.3 million, according to city records.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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