N11925 Cth L, Bradley WI 54487 Sold for $1,000,000 on 03/31/2017

N11925 Cth L, Bradley 0 Acres $1,000,000 Sold

  • CommercialProperty
  • Status: Sold
  • Body of Water: Nokomis
  • County: Lincoln
  • MLS#: 147763
  • Listing Company: Re/Max Property Pros - Tomahawk

N11925 Cth L, Bradley, WI 54487 - LAKE NOKOMIS MOTEL- Own your own business! This turnkey lakefront hotel with 320' sandy frontage and western exposure is priced well below appraised value. It is located on the Hiawatha State Trail, a main recreational artery that connects Tomahawk and Minocqua, which caters to ATV's, hiking, biking, and snowmobiling. This gem also provides numerous activities on site, such as; boating, fishing, swimming, and volleyball. The property offers 24 motel units, 2 cabins, main home, and 2500 sq. ft. guest quarters. There have been many recent updates including; new septic, roof, and landscaping. The main home had kitchen, dinning, and living room facelifts, as well as total remodel of the guest home. With a great deal of repeat business, both corporate and leisure, and the fantastic location with 4 season recreational opportunities, this hotel allows for year round income. Price has been reduced to 1.2 million.

Additional Features
  • Flooring: Mixed
  • Roof: Composition Shingles
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
147763 Sold Active w/Contract Mar 31 2017 9:18AM $1,000,000 769
147763 Active w/Contract Active Nov 21 2016 11:17AM 769
147763 Mar 11 2016 3:19PM $1,200,000 $1,350,000 769
147763 Aug 18 2015 3:19PM $1,350,000 $1,600,000 769
147763 Active Feb 27 2015 12:17PM $1,600,000 769

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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