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Property profile & analytics
OFF-MARKET
Commercial real estate

N9695 Hwy Necedah, WI 54646

9,472 SF 3.32 ac lot Built 1958
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 21-unit turnkey motel situated on a spacious 3.32-acre lot at N9695 Highway 80, Necedah, WI. The property boasts a substantial 9,472 square feet of building space, offering ample room for guests and operational needs. Included is a comfortable 2-bedroom home featuring a full, unfinished basement and a detached 2-car garage, providing convenient on-site living quarters for management or additional rental income. Many motel rooms have undergone updates within the past year, ensuring a modern and attractive guest experience. The motel's prime location offers easy access to both Castle Rock Lake and Pettenwell Lake, attracting a consistent stream of tourists and recreational visitors. This translates into a reliable income stream with a well-established customer base. The property features low maintenance requirements, an on-site laundry facility, and additional space readily adaptable for a recreation room. Ample parking is available, catering to the needs of guests and staff. Furthermore, the property presents significant potential for expansion, allowing for future growth and increased revenue generation. The asking price for this thriving business is $699,000. This is a rare chance to acquire a well-established, profitable motel with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 1958
Total area 9,472 SF
Lot 3.32 ac (144,619 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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