3912 Hackbarth RdJanesville, WI 53548
- Other commercial real estate
- 7,892 SF
Property Details for 3912 Hackbarth Rd
- Year built
- 1952
- Lot size
- 1.75 AC
- Property size (Sq ft)
- 7,892 SF
- Property type
- Other commercial real estate
- APN
- 6-8-135.3
- APU
- 681353
Description
This exceptional 7,892 square foot commercial property located at 3912 N Hackbarth Road, Janesville, Wisconsin, presents a unique investment opportunity. Situated on a 1.75-acre lot, this charming retro-style motel boasts 23 individual units, offering significant rental income potential. Beyond the rental revenue stream, the property's appeal extends to vacationers, promising a diverse income base. The motel features attractive amenities including a hot tub and a covered patio, enhancing guest experience. A productive vegetable garden adds a unique touch, and on-site manager/owner living quarters provide convenient oversight. While some upgrades are needed, the property's strong foundation and considerable potential make it an attractive proposition for savvy investors. The asking price is $900,000. This is a chance to acquire a well-located property with substantial upside in a desirable Wisconsin market. The property's existing infrastructure and amenities provide a solid base for future growth and profitability. Serious inquiries are encouraged to explore this promising investment opportunity further.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,631,070
- Hospitality
- $1,494,052
- Educational
- $1,243,034
- Medical
- $1,285,783
- Retail
- $1,933,608
Location Insight
- City
- Janesville
- County
- Rock
- State
- Wisconsin
- Latitude
- 42.7294
- Longitude
- -89.0634
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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