The property spans 4,819 square feet across three stories and consists of eight units, including seven studio suites and one two-bedroom apartment. Each unit is equipped with its own private kitchenette and bathroom, and there is a community shared kitchen for additional convenience. The property also offers on-site laundry facilities. Heating is provided by central heat, with additional cooling from window AC units and ceiling fans.
The property has over $10,000 in trade fixture value and has generated approximately $105,000 in gross revenue over the past 36 months of operation. Based on a 30-50% occupancy rate year-round, it is projected to earn around $42,000 in gross annual revenue. In 2022, Wisconsin attracted 111.1 million tourists, and the nearby Rib Mountain Ski Hill draws over 400,000 visitors each year, providing a steady stream of potential clientele. To review financials, please fill out and submit the NDA to the provided contact.
The units feature a mix of twin, queen, and king-size beds, hardwood floors, keyless security code entry, and on-site surveillance cameras for added security. Each unit is equipped with a 43" smart television, microwave, mini-fridge, and either a shower/tub combination or walk-in shower. Porcelain sinks are featured in the bathrooms, and four fireplaces add a cozy touch to the property.