N10120 Parkway Rd Crivitz, WI 54114
This exceptional investment opportunity encompasses a thriving multi-unit resort nestled on 36.79 acres in Crivitz, Wisconsin. The property, boasting a rich history of over 80 years, includes a well-established bar and supper club, several cabins, a motel, and up to 130 RV/trailer sites. With a total of 9,333 square feet across five one-story buildings, the property enjoys 99% occupancy. The location is ideal, situated a quarter-mile from the Peshtigo River flowage and a public boat landing, and directly across from Governor Evers State Park. The property benefits from convenient access to ATV, UTV, and snowmobile trails, catering to a diverse range of recreational activities. Built in 1939, the property is zoned for commercial use and features five loading docks. The assessed parcel numbers are 032-03499.003, 032-03499.004, and 032-03520. This turnkey operation presents a unique chance to acquire a well-established and profitable business in a highly desirable location. The asking price is $4,200,000
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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