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$245,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 216458
HOA Y/N No
Property Sub-Type Hotel/Motel
Property Description
Turnkey, established rental and property management business opportunity in Northern Wisconsin's high-demand vacation market- business sale only, no real estate included. If you've been waiting for the right one, consider this your sign- lady luck may have just done her job. Maplewood Management Company (MMC) holds the exclusive management rights for a well-established condo association on the Sugar Camp Chain of Lakes, with automatic 3-year renewals in place and 12 units currently in the rental program. This long-standing agreement provides a built-in foundation for continued income. The business generates multiple revenue streams including rental management commissions and 2 pontoon boat rentals. Operations are streamlined with third-party cleaning services already in place, allowing for efficient management without staffing that component. Financials reflect consistent multi-year performance, and the sale includes the 2 pontoon boats. Northern Wisconsin's year-round tourism demand supports ongoing growth potential, and recent owner investments mean a new operator is stepping into an established, fully functioning system.
Location
State WI
County Oneida
Community Skiing
Direction Hwy 70 W Left on Cth H Right on Cth D Right at Maplewood Ln to resort.
Body of Water DAM
Interior
Inclusions Business Only
Fireplace No
Exterior
Parking Features Shared Driveway
Community Features Skiing
Waterfront Description Lake Front
View Y/N Yes
Road Frontage Highway
Building
Lot Description Dead End, Lake Front, Level, Wooded
Others
Ownership None
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Listed by RE/MAX PROPERTY PROS
Nearby Locations
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