250 Church St, Mishicot, WI 54228-9788
Exceptional investment opportunity in a distressed sale presents the Par 5 Golf Resort, a premier hospitality destination nestled in Mishicot, Wisconsin. This fee-simple property boasts 45 holes of championship golf across two courses (Fox Creek - 27 holes and The National - 18 holes), a 102-room hotel complete with an indoor pool, jacuzzi, and fitness center, and a substantial 19,714 square foot conference center capable of hosting 460 guests. A separate 11,400 square foot restaurant complements the resort's amenities. The property sits on a sprawling 362-acre lot and comprises seven buildings, totaling 19,714 square feet of rentable space. Built in 1964, the resort has undergone significant renovations in 1978, 1988, and most recently in 2020, with nearly $1.2 million invested in upgrades. Currently operating at 100% occupancy, the property is zoned for mixed use and presents a unique value-add opportunity. The sale is under Chapter 128 receivership, and all cash offers with minimal contingencies will be given preference. Located just 35 minutes from Green Bay, this resort enjoys proximity to major Wisconsin tourism areas, including Sheboygan and Door County, offering significant potential for revenue growth. The auction date is set for November 8th at 10 AM. Interested parties are encouraged to submit qualified bids prior to the auction.
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Par 5 Resort Hotel & Motel
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Par 5 Resort Golf Clubhouse Golf Course
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Par 5 Resort- Hotel, Villas, Restaurant and Convention Hall Hotel & Motel Resort
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Par5 Bistro at Par5 Resort Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.