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Off Market
1/10

2536 Hansen Ln
Altoona, WI 54720


HIGHLIGHTS

  • Motivated Seller!
  • Turnkey business with training
  • 6 Guest rooms each with fireplace & jacuzzi
  • Established cash flowing B&B

OVERVIEW

Just reduced by 100K! Motivated Seller is moving out of state. The Otter Creek Inn is a classic EnglishTudor-style B&B that has been in business for over 35 years. The Inn features 6 guest rooms, each with aprivate bath, gas fireplace, and jacuzzitub. The rooms are tastefully decoratedand offer every modern amenity. In addition to the suites, the private owner’s/staff quarters include 2 bedrooms, 1bath, kitchen, and living space. The 1.02 acre lot has landscaped grounds, courtyard with gazebo, and majestic towering trees. Updated in 2018 and 2020, with a new roof, insulation, beds, mattresses, appliances, and hot water heater. Property features a heated 12+ car garage, 2 car maintenance garage, and guest parking. The B&B has an occupancy rate of 72.6% with over $244,000 in annual revenues and just over $100,000 in net operating income. The property is being sold turnkey, with training. Effective marketing plan and staff already in place. New responsive website that features a state-of-the-art booking engine and retail shop. Extremely high guestratings on multiple travel agency websites.

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Otter Creek Inn Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

2340

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

7

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

C

APN/PARCEL ID

18201-2-270927-140-0004