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1305 N Superior Ave
Tomah, WI 54660

$1,400,000 USD

Apartments For Sale  •  10,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,000 SF
  • Lot Size 1.14 AC
  • Building Class C
  • Year Built 1952
  • Zoning Business
0 Transit Score
38 Walk Score

Description

Discover this one of a kind investment opportunity. This 15 unit motel, located on a prime main highway with the city limits, offers charm, convenience and a steady income stream with many units rented month to month. Each unit boasts a unique theme, such as The Diva Den, Paris Chateau, The Badger Suite, Down by the Sea, Space Odyssey, and more. Sale includes all furniture, TVs, linens, dishes and decor. It's been freshly painted and upated in the last four years. A spacious 2 bedroom apartment is perfect for owner-operator or additional rental income.There's an additional 16 storage units that are rented, plus one used by owner and three sheds that generate monthly rental revenue. Property is inspected every two years as a motel, ensuring compliance and upkeep. This property is a perfect mix of charachter, functionality and income potential. Don't miss out on this rare gem. 
Financials will be given upon receipt of signed confidentiality agreement and pre approval.

Highlights

Exceptional Condition
High Traffic Area
Positive Cash Flow

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Furnished Units Available
  • Smoke Free
  • Framed Mirrors
  • Lawn

Public Transportation

Commuter RailDriveWalkDistance
Tomah Amtrak Station (Empire Builder - Amtrak) 3 min - 1.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Diana Gerke 608-387-2801 First Weber Commercial
Diana Gerke 608-387-2801 First Weber Commercial