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"PROSPECTUS"
In 2022, 111.1 Million Tourist Visited the State of Wisconsin; and Rib Mountain Ski Hill has over 400,000 visitors every year.
We managed to earn approximately $105,000.00+ in Gross Revenue Earned in the last 36 months in Operations, with minimal advertising.
It can be expected to consistently gross $42,000 annually in Revenue at very minimum; based only on a 30-50% Occupancy Year Round.
DEBT SERVICE
DEBT SERVICE
Annual Property Taxes:
Annual Property Taxes:
$7,535.00
$7,535.00
Sales Tax/Qtr:
Sales Tax/Qtr:
$445.00
$445.00
Annual Business Licensing: $270.00
Annual Business Licensing: $270.00
Insurance Policy:
Insurance Policy:
$4,000.00/semi-annual
$4,000.00/semi-annual
UTILITIES
UTILITIES
WaterWorks:
WaterWorks:
$1,164 avg. per year
$1,164 avg. per year
Harters Fox Valley Trash:
Harters Fox Valley Trash:
$225 avg. per qtr.
$225 avg. per qtr.
Wisconsin Public Service (WPS):
Wisconsin Public Service (WPS):
$431 avg per monthly cycle
$431 avg per monthly cycle
PROPERTY MAINTENANCE
PROPERTY MAINTENANCE
Home Warranty Services:
Home Warranty Services:
$181.00 Avg. per month
$181.00 Avg. per month
Housekeeping Services:
Housekeeping Services:
$250.00 Avg. per month
$250.00 Avg. per month
Property Management System (Cloudbeds) :
Property Management System (Cloudbeds) :
$200 avg. per month
$200 avg. per month
NEIGHBORHOOD WATCH
SUBJECT PROPERTY - $479,950.00
SUBJECT PROPERTY - $479,950.00
511 FRANKLIN STREET WAUSAU WISCONSIN 54403
8 UNITS - 4819 SQFT
COMMERCIAL / HOSPITALITY
BUILT: 1908
Comp #1 - $380,000.00
Comp #1 - $380,000.00
202 GRAND AVENUE WAUSAU WI 54401
6 UNITS - 4444 SQFT
COMMERCIAL RETAIL SPACE
BUILT: 1875
SOLD : APRIL 2024
0.6 MILES (2MINs) DRIVE TO SUBJECT PROPERTY
Comp #2 - $449,500.00
Comp #2 - $449,500.00
330 NORTH 3rd STREET SUITE 701, WAUSAU WI 54403
2BD/2BA UNIT - 2389 SQFT
CONDOMINIUM/RESIDENTIAL SPACE
BUILT: 2007
SOLD : APRIL 2024
1.9 MILES (6MINs) DRIVE TO SUBJECT PROPERTY
Comp #3 - $630,000.00
Comp #3 - $630,000.00
801 N 10th Street WI 54403
5 BD/4BA UNIT - 5600 SQFT
BUILT: 1927
RESIDENTIAL SPACE
SOLD : SEPTEMBER 2023
0.5 MILES (1MIN) DRIVE TO SUBJECT PROPERTY
COMP # 4 - $491,000.00
COMP # 4 - $491,000.00
604 FRANKLIN STREET, WAUSAU, WI 54403
5 BD/4BA UNIT - 6113 SQFT
BUILT: 1920
RESIDENTIAL SPACE
SOLD : JUNE 2022
423.2 FEET (1MIN) DRIVE TO SUBJECT PROPERTY
Comp #5 - $418,000.00
Comp #5 - $418,000.00
1004 MC INDOE STREET, WAUSAU, WI 54403
5 BD/3.5BA UNIT - 4336 SQFT
BUILT: 1912
RESIDENTIAL SPACE
SOLD : MAY 2022
0.5 MILES (2MINs) DRIVE TO SUBJECT PROPERTY
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