16061 296TH ST

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16061 296TH ST

CORNELL, WI 54732
Asking Price
Contact for price
Asset Type
Hospitality
Class
Class B

What's Special

Turnkey Lakefront Resort & Campground Featuring Diverse Revenue Streams and 720’ of Prime Pike Lake <ul><li>​<strong>Established Turnkey Business</strong> – Well-known waterfront resort and campground with a loyal customer base, strong repeat visitation, and multiple established income streams.</li><li>​<strong>Diverse Revenue Sources</strong> – Income generated from bar and restaurant operations, banquet and event hosting, cabin rentals, RV campsites, boat storage, owner’s quarters rental potential, dock rentals, and recreational equipment rentals.</li><li>​<strong>Prime Lakefront Location</s

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times