9966 N State Road 27 - Hospitality FOR SALE


Hayward, WI 54843
$1,250,000 USD
260-615-9248
9966 N State Road 27, Hayward, WI for Sale
$1,250,000 USD
Hospitality - FOR SALE
1/118
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9966 N State Road 27
Hayward, WI 54843


HIGHLIGHTS

  • Significant Recent Capital Improvements (~$250K+)
  • Immediate Value-Add Opportunity
  • Owner-Operator Friendly with On-Site Residence
  • Proven Revenue with Management Upside
  • Prime Northwoods Tourism Location
  • Flexible Exit Strategies

OVERVIEW

The Lumberjack Inn is a 39-room independent hotel located on 6.26 acres with direct frontage along State Hwy 27 in Hayward, Wisconsin, a high-traffic Northwoods tourism corridor. The asset includes an on-site owner’s residence and additional structures, positioning it as an ideal owner-operator opportunity. Ownership has completed over $250,000 in capital improvements within the past two years, including new siding and windows, flooring upgrades in 22 guest rooms and office, new mattresses and soft goods throughout, fresh paint, upgraded in-room refrigerators, new toilets in all rooms, updated pool plumbing and pumps, LED lighting conversions, landscaping improvements, and installation of RFID door lock systems. Seller Finance Available

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$58 USD /SF

# OF ROOMS

39

PRICE/ROOM

$32,051 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northern Pine Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

30

LAND DETAILS

LAND ACRES

6.26 AC

LAND SF

272,686 SF

ZONING

C

APN/PARCEL ID

010-941-33-1307,13185

ASK ABOUT THIS PROPERTY

Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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