414-274-1682
10290 WI-27, Hayward, WI for Sale
Hospitality - FOR SALE
1/16
null | Request Cap Rate

10290 WI-27
Hayward, WI 54843


HIGHLIGHTS

  • 66-rooms, 2 stories, Full-Service Hotel with Banquet Space (Only Full-Service Hotel in Hayward)!
  • Built in 1994 and Recently Renovated! $900K in renovations in the last 2 years ($1.3M total invested since 2018)!
  • Steady Performance with Room for Growth: Total Revenue Over $2M (Year End 2024), NOI $341,769 (Year End 2024), 40% Occupancy at $131 ADR; $52 RevPAR!
  • Development Site Opportunity available adjacent to Hotel (Excellent Opportunity for Townhome Development with City Water and Sewer!)!
  • Home to the annual American Birkebeiner Ski Race(North Americas Largest Cross-Country Ski Race – approximately 40K spectators gather annually)!
  • Conveniently located 1.5 Hours from Duluth, MN, 2.5 Hours from Minneapolis/St. Paul, MN, 4 Hours from Green Bay, WI, and 6 Hours from Chicago, IL!

OVERVIEW

CBRE Hotels is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 66-room Flat Creek Inn & Suites located in Hayward, WI. The Hotel benefits from year-round demand generators such as several golf courses, lakes, beaches, and hundreds of miles of the finest snowmobile trails in the great state of Wisconsin. Additionally, travelers enjoying shopping for antiques, crafts and souvenirs or fishing, biking, hunting, cross-country skiing, hiking and boating.

FOR SALE DETAILS

PRICE

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# OF ROOMS

65

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flat Creek Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1994

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.3 AC

LAND SF

361,548 SF

ZONING

Commercial

APN/PARCEL ID

236-941-27-3207

ASK ABOUT THIS PROPERTY

Maxx RohdeCBRE, Inc.More Info
414-274-1682

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Maxx RohdeCBRE, Inc.More Info
414-274-1682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.