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667 W Kemp St
Rhinelander, WI 54501
On The River · Hospitality Property For Sale · 16,750 SF

INVESTMENT HIGHLIGHTS

  • 41 Rooms
  • 2020 Revenue of $301K
  • Owners/Managers apartment on-site.
  • 2019 Revenue of $373K
  • 2021 Jan-July NOI Ratio of 30%

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.11 AC
Building Size 16,750 SF
No. Stories 2
Year Built/Renovated 1988/2024
Parking Ratio 2.81/1,000 SF
Corridor Interior
Zoning C - Commercial Hospitality

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ABOUT 667 W KEMP ST , RHINELANDER, WI 54501

Rhinelander is a bustling community located in northern Wisconsin. The hotel is located along U.S. Highway 8, a major corridor across the state’s popular northern recreation area. Rhinelander has a population around 7,600 and serves as the county seat and commercial center for Oneida County. Other popular resort towns in the area are Minocqua and Eagle River. Much of the county is covered by national forests and more than 400 lakes that provide year round recreational activities. The hotel lies approximately 133 miles from Green Bay, 240 miles from Minneapolis and 330 miles from Chicago.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27601-9001-1609
Land Assessment
$293,800
Improvements Assessment
$566,800
Total Assessment
$860,600
  • Listing ID: 24064379

  • Date on Market: 9/9/2021

  • Last Updated:

  • Address: 667 W Kemp St, Rhinelander, WI 54501

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