This Hospitality Property is no longer advertised on LoopNet.com.

1844 20th Ave
Arkdale, WI 54613
 Northern Bay Resort · Hospitality Property For Sale · 112,000 SF

Hotels Wisconsin Arkdale 1844 20th Ave, Arkdale, WI 54613

INVESTMENT HIGHLIGHTS

  • Profitable, well-known resort and golf course on beautiful Castle Rock Lake, the 4th largest lake in WI - 11.64% cap rate
  • Rental Pool Management - 224 luxury condo units in the association, 2 owned units included in the sale price
  • Activities and amenities include the Island View Pub & Grille, seasonal Tiki Bar, event space, sports courts, pool, marina, fitness center, etc.
  • 18-hole championship golf course featuring 7 holes replicated from PGA Tour courses
  • Currently 32 condo units and 2 5-bedroom homes are in the rental pool (39 keys)- opportunity to add more for increased revenue
  • Additionally available, separate from the sale price, are 8.5 acres of development land

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 205.47 AC
Building Size 112,000 SF
No. Stories 3
Year Built/Renovated 2006/2016
Parking Ratio 0.58/1,000 SF
Corridor Exterior

AMENITIES

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Golf Course
  • On-Site Bar
  • Tennis
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

LINKS

PROPERTY TAXES

Parcel Numbers
Multiple
  • 034-02819-0528
  • 034-02202-0551
  • 034-02819-0537
  • 034-02819-0521
 Improvements Assessment $991,200
Land Assessment $378,400 Total Assessment $1,369,600
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  • Listing ID: 27992798

  • Date on Market: 3/16/2023

  • Last Updated:

  • Address: 1844 20th Ave, Arkdale, WI 54613

More public record information on 1844 20th Ave, Arkdale, WI 54613

The Hospitality Property at 1844 20th Ave, Arkdale, WI 54613 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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