600 Oasis RdBlack River Falls, WI 54615

  • Other commercial real estate
  • 7.71 AC
For Sale
$3,895,000 View listing

Property Details for 600 Oasis Rd

Lot size
7.71 AC
Property type
Other commercial real estate
APN
010-0609-0020
APU
1006090020

Description

This fee-simple, 133-key SureStay Plus by Best Western hotel in Black River Falls, Wisconsin, is offered at $3,895,000 ($29,286 per key). Built in 1974, this two-story property sits on 11 acres at 600 Oasis Rd, conveniently located off Highway 54 and near I-94. The hotel boasts an indoor heated pool and hot tub, fitness center, business center, on-site cocktail lounge, breakfast area, meeting space, and guest laundry. Currently under absentee ownership, this property presents significant upside potential for a hands-on owner-operator. Black River Falls offers a blend of historical charm, natural beauty, and a diverse economy, supported by sectors including manufacturing, retail, healthcare, and tourism. The Ho-Chunk Nation's casino further boosts the local economy. Numerous nearby attractions, including Rock Springs Park, Lake Wazee, Lake Arbutus, the Black River State Forest, and Ho-Chunk Gaming Black River Falls, enhance the hotel's appeal to tourists and business travelers. The hotel's proximity to Interstate 94 ensures easy access for guests from larger urban centers like La Crosse and Eau Claire, both located approximately 55 miles away. The property's location near Black River Memorial Hospital also provides an added convenience for travelers. This presents a unique investment opportunity in a thriving Wisconsin community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $70,677,016
    Hospitality
    $64,739,768
    Educational
    $53,862,728
    Medical
    $55,715,148
    Retail
    $83,786,464
600 Oasis Rd, Black River Falls, Wisconsin

Location Insight

City
Black River Falls
County
Jackson
State
Wisconsin
Latitude
44.296
Longitude
-90.8176

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$60,311
$231,900
$2,791,800
$3,023,700
-
-
-
$4,553,700

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