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Property profile & analytics
OFF-MARKET
Mixed-use properties

9293N County Hwy Hayward, WI 54843

4,306 SF 12.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the Wilderness Haven Resort, a profitable hospitality and mixed-use property nestled on over 12 acres in Hayward, Wisconsin. The resort boasts five charming seasonal log cabins, each equipped with modern amenities including water, septic, window air conditioning, gas fireplaces, full kitchens, and sleeping quarters. Cabin sizes range from 336 to 996 square feet, offering a variety of accommodations. The resort also features a substantial lodge with 1440 square feet of finished lower-level space and an additional 3600 square feet of unfinished space on the main and upper levels, presenting significant expansion potential. Currently operating as a successful seasonal resort, primarily rented weekly during spring, summer, and fall, the property includes pontoons for guest use on Spring Lake. The property's zoning permits residential, recreational, and forestry uses, offering flexibility for future development. With a total of 4,306 square feet, a net rentable area of 2,866 square feet, and a pro-forma NOI of $70,000, this property offers a compelling 10.01% pro-forma cap rate. The asking price is $699,000, translating to $162.33 per square foot. The property is anticipated to be available for occupancy on September 1, 2024. This unique property offers a blend of established income and significant upside potential, making it an ideal investment for those seeking a tranquil lakeside retreat with substantial return. The property's APN is 40083.

Property profile
Verified
Property type Mixed-use properties
Total area 4,306 SF
Lot 12.57 ac (547,549 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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