3932 N Primich Way - Hospitality FOR SALE


Phelps, WI 54554
$2,800,000 USD
715-439-0222
3932 N Primich Way, Phelps, WI for Sale
$2,800,000 USD
Hospitality - FOR SALE
1/69
null | Request Cap Rate

3932 N Primich Way
Phelps, WI 54554


OVERVIEW

Rooted in 1897,Coadys' Point of View Resort & Campground has been creating Northwoods memories for generations, with families returning year after year to share the tradition with children and grandchildren. Unlike many iconic Northwoods resorts lost to condominium conversion, POV has been thoughtfully reimagined - honoring a 125-year tradition while building something entirely new. Since 2018, the property has undergone major renovations including updated cabins, luxury glamping, a resort store, enhanced recreation spaces, and the creation of America’s first Living History Museum of Camping, earning national attention (USA Today Midwest Living) with the philosophy that “history doesn’t just hang on the wall, it sleeps in the bed.” Today, the 15-acre year-round resort on coveted North Twin Lake features 14 cabins and 12 glamping sites with a strong repeat clientele, nearly 500 five-star reviews averaging 4.88, a 96 summer rebooking rate, and $245,940 in signed 2026 forward bookings. Over 15 acres and just under 1000 ft of frontage on North Twin Lake.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$208 USD /SF

# OF ROOMS

14

PRICE/ROOM

$200,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Point of View Lake Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1945

PARKING SPACES

16

LAND DETAILS

LAND ACRES

15.03 AC

LAND SF

654,707 SF

ZONING

-

APN/PARCEL ID

18-584-04

ASK ABOUT THIS PROPERTY

Thomas BirdFirst Weber IncMore Info
715-439-0222

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Thomas BirdFirst Weber IncMore Info
715-439-0222

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