50 Key Independent Hotel Near Eau Claire: The Osseo Inn
Property Details
| Sale Price: |
Property Description
SVN | Northco is pleased to serve as the exclusive advisor to ownership for the sale of the Osseo Inn, a 50-unit hotel located in the charming town of Osseo, WI. The Property is conveniently located off highway 94 making it a perfect stop for travelers passing through or travelers looking to take advantage of the outdoor activities and small-town character Osseo has to offer.
Highlights
- 50 Room Hotel on +/- 4.4 Acres
- Offered at a 9.2% Cap Rate; 3.16x Revenue Multiplier and pro forma 11.01% cap rate and pro forma revenue multiplier 2.88x
- Stabilized, turn-key hotel with steady EBITDA and the opportunity to significantly increase income
- Development potential exists with the possibility to convert to multifamily housing with a CUP
- Just off of Interstate 94 and visible from the highway which sees ~27,900 vehicles per day
Map
Location Description
Welcome to Osseo, where small-town charm meets modern convenience in the heart of Wisconsin. Nestled amidst picturesque landscapes and vibrant community spirit, Osseo offers a lifestyle that seamlessly blends tranquility with opportunity. From its quaint downtown streets lined with historic architecture to its scenic parks and bustling local businesses, Osseo is a place where every corner tells a story and every day brings new adventures.
Osseo is a destination location conveniently located within easy reach of larger cities like Eau Claire and La Crosse, offering residents and visitors the best of both worlds. Whether you're commuting for work or simply seeking a weekend getaway, Osseo's prime location makes it easy to explore the countless attractions and amenities of the surrounding area.
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$2,750,000
$2,750,000
Subject To Offer
Subject To Offer
Auction
Auction
Negotiable
Negotiable
$8,995,000
$8,995,000
$3,000.00 per month (Gross)
