Altoona, WI   Offered for sale at $572,000

Financially viable in great location. Recently updated classic inn in a perfect setting with every modern amenity. The best of yesterday and today. This B&B has been in business for over 28 years. The six inviting guest rooms all feature gas fireplaces, private ¾ baths and jacuzzi tubs.

Tudor style home with beautiful courtyard, grounds, and trees towering the property. New roof, insulation, beds, mattresses, appliances, and hot water heater. 2 bedroom 1 bath Private staff/owner’s quarters with kitchen and living space. Plus a separate heated 12+ car garage and 2 car garage.

Great reviews and effective marketing plan in place. New responsive website with state of the art booking engine and retail shop. The only 4 star accommodations in the area with highest guest ratings on most OTA websites.

Over $170,000 annual revenues based on only 5 of the 6 guest rooms. Currently the 6th guest room is reserved for owner friends and family only.

Property Details

  • 6 Guest Rooms
  • 6 Guest Room Baths
  • Has Owner’s Quarters
  • Built in 1920
  • Last Renovated in 2018
  • Opened in 1984
  • Building is 6,800 SQFT
  • Lot is 1.2 Acres
  • Photo Gallery
  • Property Website
Financial Details

  • Offered for sale at $572,000
  • Occupancy Rate: 67%
  • Average Daily Rate: $135
  • Annual revenue is $170,000
  • Terms: Currently zoned residential with special permitting from the city. Zoning can be changed to commercial at any time should you choose.
Contact Information