4750 8TH STREET SOUTH Wisconsin Rapids, WI 54494-7857

This 2.18 Acre parcel is PRIME LOCATION...located near WALMART & Kwik Trip, within 15 minutes of multiple prime waterski lakes & Golf including PGA recognized "Sand Valley Golf Course." It includes a modern 3-bedroom 1 Bath apartment, 29 units efficiency units. This property has the traffic to expand on the complex or repurpose the property to utilize the high traffic corner lot. This complex has been beautifully maintained & updated over the 40 years the seller has owned the building. The owner currently has maintained consistent no-vacancy, with a waiting list for future bookings. The seller's current strategy has been to operate as a mid-term rental. Targeting construction, transient, and seasonal workers with a stay duration from a few weeks to a few months. The property is currently exempt from motel style taxes due to occupancy style, as well as lower vacancy and management expenses.