Turn-key Hospitality Asset in a highly desirable and high traffic area on 6+ acres!

Highlights:

• Turn-key with an Indoor Pool
• Unbeatable Value just under Appraisal
• Dual Investment Path (Hotel and/or Apartments
• 6+ Acres with Expansion Potential
• Standalone Owner/Manager Residence & Office
• Value Add-On Opportunity

Description:

For Sale by Owner – Hayward, WI
Turn-key Hospitality Business: A fully operational motel in a highly desirable, high-traffic location on 6+ acres

We are offering a 39-unit off-market property.
Priced below its 2023 appraised value of $1,435,000 (roughly $36,800 per door). We’ve spent the last few months doing the heavy lifting with deep cleaning and sweat equity so most of the hardest work is already behind you. Sitting on over 6 acres, this property gives you two clear options: run it as a hospitality business, or convert it to apartments to help meet Hayward's ongoing housing shortage. The extra acreage means you also have plenty of room to expand later.

Separate House & Office: The property includes a standalone home with a large attached office. It’s perfect for an owner-operator to live in, for an on-site manager, or to rent out for extra income.

Recent Updates: New exterior siding, new windows throughout (in 2023) and updated the flooring in nearly all the guest rooms. It mostly needs final cosmetic finishes like paint and fixtures to cross the finish line. A few rooms were left completely bare so you can finish them your way.

Indoor Commercial Pool: Fully restored, chemically balanced, and 100% code-compliant. The pool and recreation room area has been newly resurfaced, making it a great perk for guests or long-term tenants.

Strong Local Value: For comparison, a nearby 20-room property with a separate residence is currently listed for $975,000 ($48,750 per door). At under $37k per door, you are getting almost double the units plus the standalone home and office for a much better baseline price.

Location: Situated right on Hayward's high-traffic lakes and trails corridor, pulling in year-round business from summer tourism, winter snowmobiling, and outdoor sports and huge regional events.

Important Sale Terms:
We are selling this "as-is" strictly as a real estate asset because we are moving on to another time-sensitive business opportunity. We will continue working on the separate house and office until the property sells. Because we only held this for a short time, there is no seller P&L available.

Principals only—we are not seeking and will not respond to real estate agents looking for representation. Sorry - No owner financing.

If you are a serious, qualified investor please call/text (906) 241-1225 to discuss further.
POF will be required.