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$499,000
Est. payment /mo
3,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Motel/Hotel/Bed & Brkfst
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $146
MLS Listing ID 2004511
Annual Tax Amount $4,601
Tax Year 2024
Lot Size 1.230 Acres
Acres 1.23
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Investment Property Near Castle Rock Lake "Duck Creek Lodge". Established income-generating property great for 1031 exchange! Duck Creek Lodge offers a rare opportunity to own a diversified and already thriving rental business with room to grow. Features 11 updated motel units: 6 currently operated as short-term rentals, and 5 monthly rentals, many units have recent upgrades, including new flooring, updated electrical in most units, and a zoned boiler heating system for efficient operation. Units 1-6 feature connecting doors, providing flexibility for larger groups or families. Coin-operated laundry. Single wide mobile and duplex (2 units) w/2 car attached garage. Seller will be replacing doors and windows on units 1-6 of motel. Ideal property for investors; call to view today!
Location
State WI
County Adams
Zoning Commercial
Rooms
Basement Full, Walk Out/Outer Door
Interior
Heating Lp Gas
Cooling Radiant, Wall A/C
Inclusions Appliances in units, furniture in motel rooms 1-6, washer and dryer in laundromat and office
Exterior
Roof Type Composition/Fiberglass
Building
Story 2
Sewer Well
New Construction N
Others
Virtual Tour https://youtu.be/MnkboojFKMA
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Listed by Castle Rock Realty LLC