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The North Woods Rest Motel & Laundromat 8083 Highway 70 E 11 Room Hotel Saint Germain, WI 54558 $869,900 ($79,082/Room)
INVESTMENT HIGHLIGHTS
- Motel + Laundromat
- Income producing properties that are turnkey operations w/ all the updates done!
- Has repeat clientele and open year-round.
EXECUTIVE SUMMARY
North Woods Rest Motel & Colonial House Laundromat-Well-known & popular businesses located in St Germain, WI. Motel offers repeat clientele & welcomes year-round sport enthusiasts’ w/ snowmobile, ATV & biking trails at your doorstep as well as a haven for guests seeking relaxation in the Northwoods! The motel operates year-round w/ 10 rms & includes att. living qrtrs & a 2 car det.& heated garage also available for guest use. Amenities include boat plug ins & fish cleaning area for avid fisherman, along w/ a firepit area where guests can reminisce on their daily adventures. Additionally, the laundromat offers convenience for guests wishing to wash clothing after an active day in the Northwoods, as well as serving local patrons of the area. It is equipped w/ 5 front-loading machines, 18 standard washers, 17 dryers, folding tables, & detergent dispensers. These income producing properties are turnkey operations w/ all the updates done! 2 businesses where pride of ownership shows!
PROPERTY FACTS
| Price | $869,900 | Building Size | 4,026 SF |
| Price Per Room | $79,082 | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 1958 |
| Property Type | Hospitality | Parking Ratio | 4.22/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.77 AC | ||
| Zoning | Commercial | ||
| Price | $869,900 |
| Price Per Room | $79,082 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 4,026 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 4.22/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 11 | $65.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 24-2219 | Improvements Assessment | $312,500 |
| Land Assessment | $55,000 | Total Assessment | $367,500 |
PROPERTY TAXES
Parcel Number
24-2219
Land Assessment
$55,000
Improvements Assessment
$312,500
Total Assessment
$367,500
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The North Woods Rest Motel & Laundromat | 8083 Highway 70 E
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