This 2.18 Acre parcel is PRIME LOCATION...located near WALMART & Kwik Trip, within 15 minutes of multiple prime waterski lakes & Golf including PGA recognized "Sand Valley Golf Course." It includes a modern 3-bedroom 1 Bath apartment, 29 units efficiency units. This property has the traffic to expand on the complex or repurpose the property to utilize the high traffic corner lot. This complex has been beautifully maintained & updated over the 40 years the seller has owned the building. The owner currently has maintained consistent no-vacancy, with a waiting list for future bookings. The seller's current strategy has been to operate as a mid-term rental. Targeting construction, transient, and seasonal workers with a stay duration from a few weeks to a few months. The property is currently exempt from motel style taxes due to occupancy style, as well as lower vacancy and management expenses.
Listing information provided courtesy of the Central Wisconsin MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 31st March, 2023 1:17 PM (UTC)
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Listing Agent: BRIAN STEARNS
Listing Office: EXp Realty, LLC