Price Reduced!, For Sale REDUCED to $999,000 - Campground in Wisconsin, Destination Park, Near Popular Destination, On Water
Check out this little gem on desirable Marshmiller Lake in the Bloomer area! This lake is about 436 acres and never seems to run out of amazing fish to catch. This lake is known for plentiful amounts of Northerns, Bass, Bluegills, and Croppies! It’s the fifth best producing lake in WI!!!! They sell all the bait needed right on property. Although the park has a smaller footprint of about 5 acres, it’s a million dollar view and an extraordinary view from almost every angle! And it’s a powerhouse of revenue. There are 6 Mobile Home units and 18 seasonal sites and a 3 bedroom cabin rented year round, and a 2 bedroom rented seasonally. There are 27 docks that rent for $600 each dock and there are two launch accesses.
The bar and grill is a very large draw to the area and does extremely well. The owner home is attached and while it needs some attention the rest of the park is in very good shape. The home is a two bedroom 1 bath house on the lake, and it also has a basement apartment with another bathroom that can easily be converted into another rental or additional owner living.
This is a must see! This property performs at an astonishing 14% CAP rate and produces amazingly well. Call John at 507-450-5626 for your private showing and confidential details about the cash flow – This one won’t last long!