HILLSIDE RESORT TR #5724-5760, Phelps, WI 54554 - 208521

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Eliason Realty

eagleriver@eliasonrealty.com +1(715) 479-4431

$ 1,800,000

Est. payment -/mo

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HILLSIDE RESORT TR #5724-5760 Phelps, WI 54554

22 Beds

8,089 SqFt

UPDATED:

10/30/2024 08:25 PM

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,089 sqft

Price per Sqft $222

MLS Listing ID 208521

Bedrooms 22

HOA Y/N No

Annual Tax Amount $1,176

Tax Year 2023

Lot Size 9.160 Acres

Acres 9.160009

Lot Dimensions 611x576

Body of Water LAC VIEUX DESERT

Property Description

Calling all investors & entrepreneurs! Condo these off for a speedy & profitable return on your investment OR continue to run it as the resort it is now. This fully remodeled 11 unit resort is ready to go for you to become the next success resort owner on Lac Vieux Desert, with over 4000 acres to fish, ski & enjoy the abundance of nature on this spectacular lake, one of the largest lakes in Vilas County. All units completely remodeled, furnished, turn key ready & currently rented & reserved for future guests to relax in new waterfront cabins w/that freshly updated Northwoods charm & feel. Eight units w/in 20' of level sandy water w/views TO DIE FOR! Each unit has an accompanying garage lot for future construction & storage while each has parking next to their units as well. A large community garage allows for fish cleaning/extra storage for the units. An onsite restaurant (not included) continues to receive rave reviews, allows guests to dine out w/o GOING out! Best.Views.EVER!

Location

State WI

County Vilas

Direction Hwy 70 west. Turn left onto Hwy 45 north. Follow Hwy 45 north and turn right onto CTH E. Turn left onto South Shore Road and follow to Hillside Resort.

Body of Water LAC VIEUX DESERT

Rooms

Other Rooms Outbuilding

Interior

Heating Forced Air, Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Mixed

Inclusions Real Estate and Business, Furniture, Supplies

Fireplace No

Exterior

Garage Private, Shared Driveway

Utilities Available Electricity Available, Natural Gas Available, High Speed Internet Connected

Waterfront Yes

Waterfront Description Shoreline - Sand,Lake Front

View Y/N Yes

Water Access Desc Shared Well

View Water

Roof Type Composition,Shingle

Street Surface Unimproved

Parking Type Private, Shared Driveway

Building

Lot Description Dead End, Lake Front, Level, Views, Wooded

Sewer Conventional Sewer, Shared Septic

Water Shared Well

Additional Building Outbuilding

Others

Tax ID 18-1162-0002

Listed by RE/MAX PROPERTY PROS

Eliason Realty

Brokerage Team

+1(715) 479-4431

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