InnShopper > Inns for Sale > Wisconsin > Osceola > New Price! St. Croix River Inn

New Price! St. Croix River Inn


Osceola, WI   Offered for sale at $800,000
 

Balconies and patios of the guest rooms look out over the hills of Minnesota...just across the river. The suites are made for relaxation. In addition to the vistas, king beds, hydro-massage tubs, fireplaces and breakfast nooks make these ideal getaway leisure havens. Thus this inn generates higher than the national Average Daily Rate.

The village of Osceola, just an hour from the hustle and bustle of the Twin Cities, and the region abound with the area attractions that bring guests to the inn. Wineries, train rides, and soft adventure activities (hiking, biking, kayaking, hot air ballooning), along with the museums and restaurants, make this a tourist destination of preference. Thus the higher than average Occupancy rate.

The inn was first opened for business in 1984 and then, upon its purchase, the current owners renovated the inn to include two additional suites, the commercial kitchen and sizable owner's quarters. A separate spa and massage room, currently NOT being utilized to its potential, is an opportunity for a new owner. The clean lines, bolder colors and attractive room features and furnishings make this an atmosphere popular with the traveling public. No grandma's wallpaper here! (Check out the guest room photo in the gallery!)

The current owner (a "foodie"!) offers weekend dinner service to guests, but this inn could offer breakfasts only without sacrifice of Net Operating Income.

The asking price is now LOWER than the value based on a Bushnell & Bushnell valuation! This VIABLE inn is at a value not to be missed!

Call Scott for a tour today.



Property Details
  • 7 Guest Rooms
  • 7 Guest Room Baths
  • Has Owner's Quarters
  • Last Renovated in 2006
  • Opened in 1984
  • Building is 5,800 SQFT
  • Lot is 0.6 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $800,000
  • Occupancy Rate: 43%
  • Average Daily Rate: 170.00
  • Annual revenue is $215,000
  • Terms: Seller financing participation possible
Contact Information