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Northwoods Motel 9845 State Hwy 27

9 Room Hotel Hayward, WI 54843 $913,042 CAD ($101,449 CAD/Room) 10.37% Cap Rate

Investment Highlights

  • Recreational Launchpoint
  • Clean, remodeled, well-maintained
  • Close to Hayward and area trails, lakes, etc

Executive Summary

Discover a fantastic opportunity to own a meticulously maintained 9-room motel with a welcoming owner’s residence, ideally situated just south of downtown Hayward, WI. This cozy motel, recently updated with modern amenities and stylish finishes, offers a comfortable and contemporary retreat for guests.
The property is conveniently located off State Hwy 27, making it easily accessible while providing a serene setting on a generous 2.65-acre lot. Each of the nine rooms boasts fresh remodels, complete with modern conveniences, and is supported by nine dedicated parking spaces. The property also features ample trailer parking, a covered entry for added comfort, and a range of on-site amenities including WiFi, a playground, firepit, and picnic table.
The attached owner’s residence offers a blend of functionality and charm. The main level includes a cozy bedroom and a full bathroom. The open-concept living and dining area features vaulted ceilings, enhancing the spacious feel, and a well-equipped galley kitchen is perfect for everyday meals. The residence also includes two versatile lofts, ideal for additional sleeping space or creative uses.
Completing the package is a two-car, heated detached garage, offering extra storage and protection for vehicles.
This property presents a unique blend of business potential and comfortable living in a sought-after location. Don’t miss your chance to own this exceptional motel and residence in the heart of Hayward!

Property Facts

Price $913,042 CAD
Price Per Room $101,449 CAD
Sale Type Investment
Cap Rate 10.37%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.65 AC
Building Size 5,228 SF
No. Rooms 9
No. Stories 1
Year Built/Renovated 1980/2023
Parking Ratio 1.72/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $234.58 CAD -
Guest Room 8 $153.11 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-941-33-4205
Land Assessment
$98,183 CAD
Improvements Assessment
$360,099 CAD
Total Assessment
$458,282 CAD

zoning

Zoning Code R-1 (Residential One)
R-1 (Residential One)
  • Listing ID: 33014107

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 9845 State Hwy 27, Hayward, WI 54843

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