This is a turnkey opportunity. We?ve done all the hard work, all you have to do is sit back and make your money. Offering a complete BnB on the Upper East side of Milwaukee. Everything you see is included in the sale, including all future reservations and past data. The home currently generates $85k+ a year, with annual operating costs of $28K. This property has generated it?s revenue with no marketing or creative sales tactics. DNC inquiry currently in negotiations is $45K for a 5 day rental.
The completely restored 1908 home is being sold fully furnished, with multiple sets of high end linens, kitchen items, towels, high-grade furniture, beds and outdoor furniture. It currently sleeps 16 (but can legally sleep more) and is a 5-Star rated property. The Kitchen features a commercial grade Wolf 6-burner/griddle/double oven, Sub-Zero refrigerator, radiant heat travertine floors and a solid copper sink; along with ample amount of casual seating. The master suite has been completely transformed into a 3rd floor oasis. The suite boasts a double sided wood burning fireplace, skylights, marble floors and a double shower to add an extra WOW factor to this BnB property. The home has a dependable cleaning crew currently working for the property.
If you are looking for more opportunity with this property, the 3 car garage offers a 600 sq ft blank space on the second floor, for a 4-5 person guest suite. Original architectural plans for suite build out are included in the sale.
All historical data and future booking data will be shared after Contract To Purchase is signed, prior to closing.
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