MLS Public Remarks Looking for a great investment opportunity, this may be it!!! This business has been loved by the same seller for years now and it is time to turn it over to the next entrepreneur. It cash flows great and has been well taken care of over the years. It is home to guests that visit for the night, stay the week or want to continue for the month. The seller has done extremely well with upkeep and upgrades when needed and this truly is a turn key operation. Ask for more details and schedule your showing!
| * 3 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Mineral Point
C/T/V City
Unit #
Directions Right Behind Kwik Trip In Mineral Point
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $1,200
Total Units/Bldg 29
Building Gross SqFt 6,500
Net Leasable SqFt 6,500
Year Built 1955
Source for Year Built PubR
Approx Bldg Dimen 20x25
Street Frontage 30
Parking Fees/Mo. $0
Onsite Parking Yes
# of Stories 1
Ceiling Height Min 8
Ceiling Height Max 9
Number of Loading Docks 0
Zoning Com
Est. Total Acres 1.08
Source Of Est Acres PubR
Lot Dimensions 160 x 310
Owner
Tradename Dairyland Hotel
Land Assessment $43,200
Assessment Year 2021
Net Taxes $8,616
Tax Year 2020
Improvements $291,100
Total Assessment $334,300
Income/Expenses Year $2,021
Gross Operating Income $79,780
Annual Operating Exp $59,626
Net Operating Income $15,260
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
Monthly |
None |
0 |
$525 |
$1,200 |
$0 |
1,200 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included All business supplies including but not limited to: 11 stoves, 19 refrigerators, 8 microwaves,9 televisions,10 beds, 3 coin operated washing machines and 2 dryers.
Items Excluded Tenants personal property
Heating/Cooling Forced air, Wall AC, Wall Furnace, Window AC
Water/Waste Municipal sewer, Municipal water
Basement Block foundation, Full, Partial, Walkout/Outside entrance
Fuel Natural gas
Seating Capacity
Type Apartment building, Motel/Hotel/Bed & Brkfst, Office
Exterior Treatment Vinyl
Building Parking 21-35 spaces, Onsite, Paved
Roofing Composition
Terms/Option
Miscellaneous Internet - Cable, Internet - DSL
Documents on File Inventory list
Location Near Major Highway, Residential area
Tenant Pays No expenses
Present Use Apartment building, Motel/Hotel/Bed & Brkfst
Licenses
Lease Type Mixed lease types
Occupied by Owner, Tenant(s)
Sale Includes Business name, Equipment, Furniture, Inventory, Lease(s), Signs
Features Inside storage, Private Restrooms, Private office(s), Residential unit(s), Security lighting
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Re/Max Preferred
