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Lumberjack Inn 9966 N State Road 27 39 Room Hotel Hayward, WI 54843 $1,250,000 ($32,051/Room)
INVESTMENT HIGHLIGHTS
- Highway Frontage on State Hwy 27
- Event Meeting Space
- Destination Hayward, WI
EXECUTIVE SUMMARY
An established lodging property in the heart of the Northwoods, this 39-unit motel/hotel presents a rare opportunity to own and operate a hospitality business in Hayward, WI. Set on 6.26 acres with frontage along State Hwy 27, the property offers excellent visibility and easy access for guests traveling to one of the area’s most popular recreational destinations.
Recent updates in the past two years include new siding and windows throughout, updated flooring in nearly all guest rooms, a resurfaced recreation/pool room area, and a new pool liner, providing a refreshed look and reducing maintenance needs for the next owner.
Guest amenities include a heated indoor pool and sauna, offering year-round appeal. A spacious 3-bedroom, 2-bath owner’s residence is located on site, along with a 2-car detached garage and additional storage shed—ideal for owner-operators or management staff.
Hayward draws visitors year-round for its lakes, trails, world-class fishing, and renowned events, making it a strong market for lodging. With its prime location, recent improvements, and potential for continued growth, this property is well-positioned for a new owner to step in and succeed in the hospitality industry.
Recent updates in the past two years include new siding and windows throughout, updated flooring in nearly all guest rooms, a resurfaced recreation/pool room area, and a new pool liner, providing a refreshed look and reducing maintenance needs for the next owner.
Guest amenities include a heated indoor pool and sauna, offering year-round appeal. A spacious 3-bedroom, 2-bath owner’s residence is located on site, along with a 2-car detached garage and additional storage shed—ideal for owner-operators or management staff.
Hayward draws visitors year-round for its lakes, trails, world-class fishing, and renowned events, making it a strong market for lodging. With its prime location, recent improvements, and potential for continued growth, this property is well-positioned for a new owner to step in and succeed in the hospitality industry.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$335,000
|
$15.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$335,000
|
$15.45
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $335,000 |
| Annual Per SF | $15.45 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $335,000 |
| Annual Per SF | $15.45 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,250,000 | Building Size | 21,681 SF |
| Price Per Room | $32,051 | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1968 |
| Property Subtype | Hotel | Parking Ratio | 1.38/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 6.26 AC | Opportunity Zone |
Yes
|
| Zoning | C - Commercial District | ||
| Price | $1,250,000 |
| Price Per Room | $32,051 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.26 AC |
| Building Size | 21,681 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.38/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial District |
AMENITIES
- Pool
- Indoor Pool
- Meeting Event Space
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $46.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 010-941-33-1307 | Improvements Assessment | $539,100 |
| Land Assessment | $104,400 | Total Assessment | $643,500 |
PROPERTY TAXES
Parcel Number
010-941-33-1307
Land Assessment
$104,400
Improvements Assessment
$539,100
Total Assessment
$643,500
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Lumberjack Inn | 9966 N State Road 27
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