For Sale
$1,949,900

44145 Dodd DrCable, WI 54821

Seven-unit lakefront rental, stunning views

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional seven-unit single-family rental portfolio, known as the West Wind Resort, presents a unique investment opportunity. Situated on 7.4 acres of land in Cable, Wisconsin, this property boasts over 400 feet of prime waterfront on the breathtaking Lake Namakagon. The portfolio includes seven buildings, each a single-story cabin, totaling 4,385 square feet of net rentable space. The property features four docks, a sandy beach, outdoor stone grills, and a fire pit, providing ample recreational opportunities for residents and guests. Six of the units are fully furnished and equipped rental cabins, complete with appliances and accessories, offering immediate income potential. The seventh unit serves as a primary residence, complete with an attached garage and a pole barn, providing convenient on-site living for the owner. Built in 1960, the property is classified as Class C and offers stunning lake views, enhanced by floor-to-ceiling windows in the main house. All cabins have full internet access. The resort is ideally located near the Chequamegon National Forest, providing access to a wealth of outdoor activities. Excellent fishing opportunities abound, with bass, walleye, pike, musky, and panfish all present in the lake. The asking price is $1,949,900, translating to $444.68 per square foot and $278,557.14 per unit. The property's Bayfield County location, with its address at 44145 Dodd Dr, Cable, WI 54821, offers a tranquil yet accessible setting. This is a rare chance to acquire a thriving, turn-key rental business in a highly desirable location.

Property Details for 44145 Dodd Dr

Property type
Residential income homes
Square Feet
4,385 SF
Class
C
Year Built
1960
Buildings
7
Stories
1
Lot Size (sq. ft)
322,344 SF
Units
7

Location Insight

City
Cable
County
Bayfield
State
Wisconsin
Latitude
46.216696565166
Longitude
-91.099913362462
44145 Dodd Dr, Cable, Wisconsin

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44145 Dodd Dr
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