488 South St - Hospitality FOR SALE


Green Lake, WI 54941
$1,800,000 USD
920-294-0122
488 South St, Green Lake, WI for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

488 South St
Green Lake, WI 54941


OVERVIEW

Green Lake Suites, LLC presents a unique investment opportunity. This property stands out not only for its prime location but also for its distinctive offering of 16 uniquely designed and furnished suites, including an owner's suite. Situated within steps of the water, Green Lake Suites benefits from its proximity to various local attractions. This includes being right in the heart of downtown, where guests can easily access restaurants, ice cream parlors, parks, marinas, and the public beach. Its enviable location across f from the marina and park further adds to its appeal, making it an attractive destination for those seeking a relaxing lakeside getaway. The sale represents a compelling opportunity for investors looking to enter or expand within the hospitality industry.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$225 USD /SF

# OF ROOMS

15

PRICE/ROOM

$120,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Lake Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

G2

APN/PARCEL ID

231-00027-0100

ASK ABOUT THIS PROPERTY

Sarah LobergBetter Homes & Gardens Special PropertiesMore Info
920-294-0122

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Sarah LobergBetter Homes & Gardens Special PropertiesMore Info
920-294-0122

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