30 unit, 3 building apartment, Phillips, WI in Phillips, WI

General Information Price: $1,649,000 Address: 1310 N Minnow Lake Road Acreage: 3.4 acres City / State / Zip: Phillips, WI 54555 House Size: n/a Bed / Bath: n/a Price per Acre: $485,000 per acre

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Description

Escape the rat race or just make a great investment for your retirement! Countryside Lodging and Apartments is a 30 unit rental complex nestled into a beautiful northwoods setting 1.5 miles west of Phillips & in close proximity to Minnow Lake & the Phillips Chain of Lakes. The units are housed in three separate 11,000 sq. ft. buildings that were constructed in the 1990’s & are in very good condition. Each building has its own commercial laundry & there are 23 garage units. There are 6 fully furnished units for lodging rentals on a daily, weekly, or short term basis. Traditionally high occupancy history & terrific cash flow make this a great investment.

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