Home Industries Hospitality & Tourism Hampton Inn at 45 and Silver Spring sold for $6 million

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

The property has an assessed value of about $4.3 million

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.

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version