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501 Water St
Genoa, WI 54632
Big River Inn Hotel · Hospitality Property For Sale · 5,544 SF
PROPERTY FACTS
Property Type | Hospitality | Building Size | 5,544 SF |
Property Subtype | Hotel | No. Stories | 2 |
Building Class | C | Year Built | 1900 |
Lot Size | 0.20 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.20 AC |
Building Size | 5,544 SF |
No. Stories | 2 |
Year Built | 1900 |
Corridor | Interior |
Amenities
- Balcony
About 501 Water St , Genoa, WI 54632
Turn-Key Hotel located on the state Snowmobile Trail and across the road from a Boat Launch to the Mississippi River. There are a nice variety of basic rooms and suites with kitchens and even a coin operated laundry room. You could keep one suite for living quarters for an owner or manager. The net income supports a 15% Cap Rate. There is a restaurant right next door and a nice village park across the street. This may not be the most modern hotel but it is certainly a very successful one. Rates are also on the low side, so the potential for an immediate increase in gross income is very good. Vernon County WI
PROPERTY TAXES
Parcel Number | 131-00043-0000 | Improvements Assessment | $164,900 |
Land Assessment | $15,400 | Total Assessment | $180,300 |
PROPERTY TAXES
zoning
Zoning Code | G2 |
G2 |
Learn More About Investing in Hospitality Properties
Listing ID: 5955936
Date on Market: 2/21/2017
Last Updated:
Address: 501 Water St, Genoa, WI 54632