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Bougainvillea Bed & Breakfast 511 Franklin St 8 Room Hotel Wausau, WI 54403 $429,900 ($53,738/Room) 13.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Downtown Wausau - 5 miles away from Granite Peak Ski Resort
- Lucrative Income Property in the Heart of Wausau
- Opportunity Zone
- 4819 Square Feet Living Space - 3 Story, 8 Bedrooms, 8 Bathrooms, Community Room for Events, Laundry Facilities
- Less than half a mile from Police Station
EXECUTIVE SUMMARY
Investment opportunity in the heart of historic Wausau! Welcome to 511 Franklin St, an impressive 3-story property offering 8 units and 8 bathrooms, making it one of the largest multi-unit buildings for miles. With 4,819 sq ft of space, pristine original woodwork, and a remarkably solid structure, this building is packed with long-term potential.
Located in a safe community and positioned within ½ mile of the local police station, this property is ideal for traveling nurses, short-term visitors, or long-term tenants seeking convenience and comfort. Just 5 minutes from Granite Peak Ski Area, and right in downtown Wausau, residents can enjoy being minutes from popular restaurants, entertainment, and the bustling Wausau Square—home to frequent events and gatherings.
The basement features a functional community room and on-site laundry facilities, adding value and convenience for tenants. The historic district location further enhances its desirability, blending old-world charm with modern rental demand.
With outstanding revenue potential, unbeatable proximity to major attractions, and rare size for the area, 511 Franklin St is a standout investment ready for its next owner.
Located in a safe community and positioned within ½ mile of the local police station, this property is ideal for traveling nurses, short-term visitors, or long-term tenants seeking convenience and comfort. Just 5 minutes from Granite Peak Ski Area, and right in downtown Wausau, residents can enjoy being minutes from popular restaurants, entertainment, and the bustling Wausau Square—home to frequent events and gatherings.
The basement features a functional community room and on-site laundry facilities, adding value and convenience for tenants. The historic district location further enhances its desirability, blending old-world charm with modern rental demand.
With outstanding revenue potential, unbeatable proximity to major attractions, and rare size for the area, 511 Franklin St is a standout investment ready for its next owner.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $429,900 | Building Size | 4,819 SF |
| Price Per Room | $53,738 | No. Rooms | 8 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 13.80% | Year Built/Renovated | 1908/2004 |
| Property Type | Hospitality | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.19 AC | ||
| Zoning | R3 - The R-3 district is intended to provide areas which are to be occupied substantially by single-family and two-family dwellings and attached dwellings. | ||
| Price | $429,900 |
| Price Per Room | $53,738 |
| Sale Type | Investment |
| Cap Rate | 13.80% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 4,819 SF |
| No. Rooms | 8 |
| No. Stories | 3 |
| Year Built/Renovated | 1908/2004 |
| Parking Ratio | 1.04/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | R3 - The R-3 district is intended to provide areas which are to be occupied substantially by single-family and two-family dwellings and attached dwellings. |
AMENITIES
- Controlled Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $162.00 | - |
| Guest Room | 4 | $110.00 | - |
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 291-2907-253-0332 | Total Assessment | $333,400 (2024) |
| Land Assessment | $54,900 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $278,500 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
291-2907-253-0332
Land Assessment
$54,900 (2024)
Improvements Assessment
$278,500 (2024)
Total Assessment
$333,400 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
Landshark Real Estate Group
Bougainvillea Bed & Breakfast | 511 Franklin St
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