6119 Cth Y Hazelhurst, WI 54531
This exceptional 19-acre property in Hazelhurst, Wisconsin, presents a unique investment opportunity. The sprawling estate includes a main lodge with fireplace and bar, fourteen cabins (eleven currently rented), a four-bedroom, three-bathroom house with attached garage, an inground pool, basketball/tennis court, playground equipment, and a pole building. The property also boasts a private boat launch and beach on Garth Lake, offering stunning sunset views. The existing structures, some dating back over 100 years, offer a blend of charm and potential. While some buildings show their age and may require updates or renovation, the property's recreational zoning allows for diverse uses. Continue operating as a resort, develop the existing condominium plat, expand the existing structures, or transform it into a large family compound. The 18,081 square foot property includes a valid liquor license and is being sold as-is. Ten parking spaces are available. Located in Oneida County, Wisconsin, with zip code 54531, this property offers a rare combination of established infrastructure and significant upside potential. The asking price is $1,495,000. The property is offered fee simple and condominium ownership options are available.
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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Risks
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