Listing Courtesy: Castle Rock Realty LLC - 608-847-6020
Property Description
Investment property near Castle Rock Lake with immense potential! Duplex with two units, single wide mobile home and also 11 unit motel/apartment building. Established income-generating property great for a 1031 Exchange! 11 updated motel units - 6 currently operated as short term rentals, 5 as monthly rentals. Many units have recent upgrades including new flooring, updated electrical in most units and a zoned boiler heating system for efficient heating. Units 1-6 have connecting doors for versatility, coin operated laundry available. Duplex has attached 2 car garage and tons of additional parking for tenants. Great investment property with lots of potential - call to schedule a time to see it in person today!