Investment Opportunity:
The purpose of this project is to build & operate a B&B. This 4 bedroom log home has spectacular views of the Wisconsin River and is located in a prime tourism area just hours north of Chicago.
This gorgeous log home sits on a .33 acre wooded plot nestled on a forested slope. This plot sits on the north slope of a ridge in Beach Garden Estates, Dekorra, Wisconsin. The home is just a short block away from the popular Wisconsin River.
Plus, it's just a short drive to many gorgeous rivers, lakes, parks, and beaches. The famous Wisconsin Dells is just 35 minutes away. Known and loved as the “Waterpark Capital of the World”, Wisconsin Dells is home to the largest concentration of waterparks on Earth. (https://www.travelwisconsin.com/article/waterparks/wildest-rides-at-wisconsin-dells-water-parks)
MAP VIEW
The project property is currently a vacant piece of land. Therefore, it does not yet have a postal address. In order to view the exact location of the property, please enter this in in a google maps search field: "43.457279, -89.468192". Or go to: https://maps.app.goo.gl/75kmvN6TNgiZPTa18
INVESTMENT RETURNS
The property bordering this one to the south went up 33% in value in the last 4 years, with no renovations (N5003 Beach Garden Rd., 53955). And the property 1/2 block north went up 25% in the last 4 years (W9421 Parkway Dr., 53955). Prospects for a good ROI are very good for this project.
COMPS
There are 48 homes for sale in 53955 with a median listing home price of $379,900 (per Realtor.com as of 11-Sept-2024). Comps for similar property come in at $365,000. For example, at time of writing, a 2 bed 3 bath, 2,030sqft, 0.42 acre lot is under contract for $350,000 at 204 Hillside Ter, Poynette, WI 53955. B&B's in this area are constantly booked up a good 9 months in advance. A house that sleeps 4 goes for $175/night. Prospects for a good ROI are very good for this project.
CONSTRUCTION COST
Construction $265,000
Land 25,000
Fundraising, legal, etc 20,000
Furnishings and appliances 5,000
Contingencies 35,000
TOTAL $350,000
For more info, please Contact Us.
.
No reviews for house
We provide: * A listing place for tokenized properties (or ones that soon will be). * Properties offered with Creative Financing terms. * Emphasis on real estate in the south central Wisconsin area. * Land, BnB, and Buildable lots, especially in the Wisconsin Dells area. * HELP with tokenization.
* We are not a licensed real estate agency. * Parts of our site are not public, but are available by invitation only using login and password.
Explore Related Sites
