LakePlace.com's Wisconsin Resort Sales Division specializes in the sales of Wisconsin resorts, campgrounds, and RV parks. From historic landmark propertixs to small mom & pops - we can handle the sale of operations of all sizes. With more than two million visitors annually, only the experts at LakePlace.com can put your property in front of the right audience.
LakePlace.com has access to virtually every MLS in Wisconsin, however, we are able to "withhold" confidential listings at the seller's request.
MLS# 145626 - RESORT
LAC VIEUX DESERT RESORT - YEAR ROUND RESORT WITH 8 MODERN FULLY EQUIPPED 1-4 BEDROOM CABINS ON 300' OF LEVEL SAND FRONTAGE. EACH CABIN HAS A SCREENED IN PORCH. THE SANDY . . .
MLS# 882993 - RESORT
KEHOE'S NORTHERN RETREAT IS A RESORT LOCATED IN THE NORTHWOODS OF WISCONSIN BIRCHWOOD. THE 4 COTTAGES ARE ALL FULLY FURNISHED, PLUS 2 BED & 2 BATH HOME W, OFFICE ON THE . . .
MLS# 4465402 - RESORT
WELL ESTABLISHED TURN KEY BAR/CAMPGROUND AND RESORT, TRAILS EDGE SALOON AND CAMPGROUND. 32 UNIT CAMPGROUND WITH ELECTRICITY, WATER AND SEWER. BAR HAS BANQUET SEATING FOR . . .
MLS# 873966 - RESORT
WELL ESTABLISHED TURN KEY BAR/CAMPGROUND AND RESORT, TRAILS EDGE SALOON AND CAMPGROUND. 32 UNIT CAMPGROUND WITH ELECTRICITY, WATER AND SEWER. BAR HAS BANQUET SEATING FOR . . .
MLS# 144948 - RESORT
EXCLUSIVE OPPORTUNITY: PLUM LAKE STATION RESORT & EQUESTRIAN CENTER. RARE, ONCE IN A LIFETIME CHANCE TO OWN OVER 75 ACRES AND 1,250' SHORELINE ON PLUM LK. 4 YEAR ROUND . . .
MLS# 4432252 - RESORT
SUCCESSFUL YEAR ROUND RESORT SITUATED ON THE WEST SIDE OF THE CHIPPEWA FLOWAGE. INCLUDES 5 YEAR ROUND CABINS AND 1 3-SEASON. LIVING QTRS ABOVE RESTAURANT/BAR.
MLS# 871833 - RESORT
ONE OF THE MOST SUCCESSFUL YEAR ROUND RESORTS IN THE NORTHLAND IS NOW BEING OFFERED FOR SALE. SITUATED ON THE WEST SIDE OF THE CHIPPEWA FLOWAGE, THIS ACTIVE RESORT/LODGE . . .
MLS# 875853 - RESORT
THIS LISTING INCLUDES MLS #'S 872419, 872423, 872422, 872424, 872421, 872417, 872440. THIS IS A RARE OPPORTUNITY FOR AN UNPARALLED EXECUTIVE RETREAT, OR AN AMAZING . . .
MLS# 145417 - RESORT
LOCATED ON THE SHORES OF MERCER LAKE, DRIFTWOOD LODGE OFFERS A PRIVATE PARK-LIKE SETTING, ONLY 10 MINUTES WEST OF MINOCQUA. AT 257 ACRES, MERCER IS A CLASS A MUSKY AND . . .
MLS# 881792 - RESORT
UNLIMTED POTENTIAL !!!! RESORT FORMERLY KNOWN AS "LINGER LONGER" WITH FANTASTIC FRONTAGE ON BEAR LAKE. PROPERTY CONSISTS OF 5 CABINS A FISH HOUSE AND A BATH HOUSE AND 24 . . .
MLS# 143584 - RESORT
BEAUTIFULLY MANICURED BIRCH TRAIL RESORT LOCATED ON THAT OL' FISH FACTORY - SQUAW LAKE. THE ATTENTION TO DETAIL WILL ASTOUND YOU WHEN YOU WALK AROUND THIS AMAZING FAMILY . . .
MLS# 139274 - RESORT
EAGLE RIVER INN & RESORT - EXCELLENT OPPORTUNITY FOR THIS TURN-KEY OPERATION LOCATED ON THE EAGLE RIVER CHAIN OF LAKES. 35 ROOM RESORT/MOTEL, MANY WITH KITCHENETTES, . . .
MLS# 141166 - RESORT
EXCITING AND RARE MANITOWISH WATERS COMMERCIAL OPPORTUNITY! 1000 +/- FEET OF HIGHWAY 51 FRONTAGE, 12 +/- ACRES PLUS 200 FEET PERFECT SAND FRONTAGE ON LITTLE STAR LAKE! . . .
MLS# 140239 - RESORT
ARE YOU SICK OF WORRYING ABOUT JOB CUT BACKS, LAYOFFS AND SOMEONE ELSE CONTROLLING YOUR DESTINY? TAKE BACK YOUR LIFE; CONTROL YOUR DESTINY AND WRITE YOUR OWN PAYCHECKS! . . .
MLS# 846554 - RESORT
LONG LAKE'S BEST RECREATIONAL RESORT. TAVERN/BAR WITH KITCHEN AREA FOR COOKING, TABLE AREA FOR DINING, FULL WALL FOR GAMING MACHINES AND A NICE 1 BEDROOM APARTMENT . . .
MLS# 141874 - RESORT
MINOCQUA RESORT - HERE IS YOUR OPPORTUNITY TO OWN & OPERATE A TURN KEY RESORT. THIS INCLUDES SEASONAL RENTAL OF 5 LAKESIDE CABINS; ONE 1 BEDROOM, THREE TWO BEDROOM AND . . .
MLS# 872689 - RESORT
MAKE YOUR VACATION PERMANENT! THIS PROPERTY IS SET UP NICELY FOR A FAMILY RETREAT, PRIVATE ESTATE, "MOM & POP" RESORT OPERATION OR AN INVESTMENT PROPERTY FOR . . .
MLS# 868462 - RESORT
RED CEDAR SPRINGS RESORT ON BIG LAKE CHETAC. GREAT BUSINESS OPPORTUNITY WITH 2-FOUR SEASON CABINS, 5-THREE SEASON CABINS, THAT ARE ALL FURNISHED, OFFICE, PRIVATE BOAT . . .
MLS# 145054 - RESORT
THE ARROW'S RESORT - TWO 4BR YEAR ROUND HOMES ON THOUSAND ISLAND LAKE. EXCELLENT RENTALS!! EXCELLENT RENTAL HISTORY!! 800 FEET OF LAKE FRONT WITH 15+ ACRES. PLENTY OF . . .
MLS# 876738 - RESORT
ONCE IN A LIFETIME OPPORTUNITY TO OWN 437+ FEET OF FRONTAGE ON THE WORLD FAMOUS CHIPPEWA FLOWAGE. ADJACENT TO STATE OF WI/STATE LAND. GREAT SAND BEACH FOR SWIMMING AND . . .
MLS# 880295 - RESORT
WONDERFUL INVESTMENT OPPORTUNITY: LONG LAKE HAS A SHORTAGE OF PLACES TO RENT AND THIS 5 CABIN PARCEL LENDS ITSELF TO THE BEST OF BOTH WORLDS; YOUR OWN LITTLE GET AWAY . . .
MLS# 143114 - RESORT
BRAYWOOD RESORT - THE BRAYWOOD RESORT IS ONE OF THE BEST YEAR AROUND BUSINESSES ON THE EAGLE RIVER CHAIN OF LAKES. ITS LOCATION ON CATFISH LAKE FACING SOUTH WITH ITS . . .
MLS# 129077 - RESORT
THIS FULLY UPGRADED LUXURY LOG SIDED HOME W/ GUEST COTTAGE OFFERS THE IDEAL YEAR ROUND FAMILY RETREAT, OR CONTINUE USE AS A WEEKLY RENTAL FOR $2,300/WEEK IN INCOME AND . . .
MLS# 138460 - RESORT
BECOME A PART OF NORTHERN WISCONSIN HISTORY AS THE NEW OWNER OF THIS SUCCESSFUL RESORT!!! PROPERTY CONSIST OF 5+ ACRES WITH TOWERING PINES AND 575' OF WATER FRONTAGE, 2 . . .
MLS# 140949 - RESORT
WELL KNOWN RESORT ON MANITOWISH WATERS 10 LAKE CHAIN WITH LUCRATIVE INCOME! ZONED COMMUNITY BUSINESS THIS TURN-KEY PROPERTY HAS 4 COMPLETELY RENTABLE UNITS! PROPERTY . . .
MLS# 878734 - RESORT
MOONLIGHT BAY RESORT -WHAT A FANTASTIC LOCATION ON BIG MCKENZIE LAKE. THIS POPULAR RESORT HAS BEEN METICULOUSLY MAINTAINED. THERE ARE 7 CABINS ALONG WITH THE MAIN HOUSE. . . .
MLS# 860158 - RESORT
ESTABLISHED BUSINESS WITH A LONG HISTORY OF OUTSTANDING SALES AND SERVICE. RESORT FEATURES 30 RV SITES, BOAT RENTALS, PRIVATE BOAT LAUNCH, 3 RENTAL CABINS, FULL SERVICE . . .
MLS# 877334 - RESORT
A HOBBY RESORT/FAMILY RETREAT ON CALLAHAN LAKE. THE MAIN HOUSE AND FOUR LAKE HOMES HAVE BEAUTIFUL SOUTHERLY EXPOSURE WITH LOW TO MODERATE ELEVATION ON APPROX THREE . . .
MLS# 145745 - RESORT
WINTERGREEN LAKE RESORT IN THE HEART OF THE CHEQUAMEGON NATIONAL FOREST, WEST OF MINOCQUA. THIS POPULAR WELL ESTABLISHED RESORT IS SET INTO A 3.43 ACRE KNOLL WITH THAT . . .
MLS# 141492 - RESORT
NORTHWOODS RESORT ON THREE LAKE CHAIN. LOCATED JUST NORTH OF MERCER, THIS RESORT AND LODGE FEATURES A FULL LIQUOR BAR AND RESTAURANT ALONG WITH 10 CABINS AND A THREE . . .
MLS# 141693 - RESORT
DEER LAKE RESORT OFFERS THE IDEAL FAMILY COMPOUND OR RESORT OPPORTUNITY FOR THOSE WHO FIND THEMSELVES 'DREAMING NORTH.' HERE, ENJOY A PRIME LOCATION JUST OUTSIDE OF . . .
MLS# 144460 - RESORT
LOON HAVEN RESORT-5281N GOETTSCHE RD, MERCER-SEMI RETIREMENT OPPORTUNITY! 5 RENTAL CABINS, 3 BEDROOM YEAR ROUND HOME, 2 GARAGES & 9.9 ACRES OF NICELY WOODED LAND WITH . . .
MLS# 138076 - RESORT
CEDARWOOD VACATION HOMES IS WHERE YOU WANT TO MAKE YOUR MEMORIES. THREE LARGE 3 BEDROOM CABINS, ONE 2 BEDROOM CABIN AND ONE 1 BEDROOM CABIN, 1 GARAGE AND A BUILDING FOR . . .
MLS# 126262 - RESORT
FIRST TIME ON THE MARKET, A GREAT MOM AND POP RESORT WITH ENDLESS POSSIBILITIES. THE PROPERTY FEATURES OVER 37 ACRES AND 592 FT OF FRONTAGE WITH A 48' PERMANENT PIER ON . . .
MLS# 144260 - RESORT
TWIN OAKS RESORT!! THE MOST SOUGHT AFTER PIECE OF REAL ESTATE ON THE POST LAKE CHAIN IS FOR SALE!! TO START WITH THERE IS AN IMMACULATE FULL SERVICE BAR COMPLETE WITH . . .
MLS# 134012 - RESORT
TUCKED AWAY NORTH OF THE TENSION ZONE IS TURN KEY LOONBAY RESORT. 450 FT. OF SANDY WILSON CREEK FLOWAGE FRONTAGE PART OF THE POPULAR PHILLIPS CHAIN OF LAKES HOSTS THIS 4 . . .
MLS# 116193 - RESORT
BUILT IN 1939, BEAVER'S RESORT IS AN INTACT RESORT WITH 5 CABINS, A BAR WITH KITCHEN, 5 SITE CAMPGROUND AND LARGE LIVING QUARTERS. ALL OF THE CABINS ARE REMODELED AND . . .
MLS# 880541 - RESORT
WELL MAINTAINED RESORT WITH OWNERS HOME AND SEVEN UPDATED CABINS ON 6.6 ACRES WITH THREE LOTS AND 1,200 PLUS FEET OF LEVEL FRONTAGE, PANORAMIC VIEWS, PRICE INCLUDES . . .
MLS# 143629 - RESORT
SCCESS!! WE CAN'T SPELL IT WITH OUT U! NORTHWOODS RESORT FOR SALE, THAT HAS SOOOO MANY POSSIBILITIES. LOCATED ON 472 ACRE SOMO LAKE, CUSTOMERS CAN PULL UP ON THEIR . . .
MLS# 145680 - RESORT
TURN-KEY RESORT OWNERSHIP OPPORTUNITY: WELCOME TO TIMBERLANE LODGE ON THE SANDY SHORES OF TOWANDA LAKE. THIS IS THE KIND OF PLACE WHERE A LIFETIME OF MEMORIES CAN BE . . .
MLS# 121549 - RESORT
PROFITABLE BUSINESS OPPORTUNITY! HERE IS AN OPPORTUNITY TO PURCHASE YOUR OWN RESORT ON 1006 ACRE BUTTERNUT LAKE, WHICH IS KNOWN FOR ITS FISHING. THIS PROPERTY HAS 190' . . .
MLS# 867431 - RESORT
RESORT WITH SIX CABINS AND A HOME. THIS RESORT IS NOT BEING OPERATED AT THE PRESENT TIME. LOCATED ON 2 ACRES ON THE PENINSULA OF POKEGAMA LAKE.
MLS# 878451 - RESORT
GREAT TURNKEY OPPORTUNITY! BUSY RESORT AND RV CAMPGROUND LOCATED ON RICE LAKE. INCLUDES A SUCCESSFUL RESTAURANT AND FULL LIQUOR BAR WITH A GREAT FOLLOWING OF BOTH LOCALS . . .
MLS# 132054 - RESORT
SOO LAKE RESORT HAS A PRIME LOCATION MINUTES FROM 1,000'S OF ACRES OF PUBLIC LAND AND NEAR THE SOUTH FORK AND SNOWMOBILE/ATV TRAILS! THE RESORT IS SITUATED ON A 3.87 . . .
MLS# 139377 - RESORT
VACATION & INVESTMENT OPPORTUNITY ON LITTLE SPIDER LAKE IN ARBOR VITAE, WISCONSIN. HERE YOU WILL FIND A COZY 2-BEDROOM LAKE-FRONT CABIN & A MODIFIED A-FRAME FEATURING . . .
MLS# 141776 - RESORT
HERE IS A RARE OPPORTUNITY TO OWN ONE OF THE FEW REMAINING FAMILY RESORTS IN THE NORTHWOODS. AS A BONUS YOU GET TO BE ON ONE OF THE FINEST FULL RECREATION LAKES IN THE . . .
MLS# 145743 - RESORT
"WHAT'S YOUR POINT?" THE POINT IS; YOU ARE GONNA LOVE BEING YOUR OWN BOSS IN THIS LAKE ALICE RESORT. AT THE END OF A DEAD END ROAD WITH 350 FEET OF GRADUAL LAKE FRONTAGE . . .
MLS# 882834 - RESORT
TWIN LAKES CAMPGROUND & RV PARK ON BEAUTIFUL UPPER TWIN LAKE, PART OF THE 1,065 ACRE TIGER CAT FLOWAGE. LOCATED JUST 12 MIN. EAST OF HAYWARD ON HWY 77 ON 6+ NICELY . . .
MLS# 4537221 - RESORT
1.58 ACRE PRIVATE PENINSULA W/ SANDY BEACH! FORMERLY THE WHISPERING POINT RESORT, HOME AND CABINS CURRENTLY A FAMILY COMPOUND. CAN BE PERMITTED AS A RESORT AGAIN! NEWER . . .
MLS# 882817 - RESORT
1.58 ACRE PRIVATE PENINSULA WITH SANDY BEACH! FORMERLY THE WHISPERING POINT RESORT, THIS HOME AND CABINS IS CURRENTLY A FAMILY COMPOUND. CAN BE PERMITTED AS A RESORT . . .
MLS# 4047986 - RESORT
TURN KEY RESORT LOCATED ON 324 FT OF LAKE CHETEK PROPERTY. 8 REGISTER BOAT DOCK AND ONE LARGE PIER W/SWIMMING DOCK. COMES W/3 BDRM OWNER HOME W/OFFICE, 4 TWO BDRM . . .
MLS# 841509 - RESORT
TURN KEY RESORT LOCATED ON 324 FT OF LAKE CHETEK. 8 REGISTER BOAT DOCK & ONE LARGE PIER W/SWIMMING DOCK. COMES W/OWNERS HOME FEATURING 3 BEDROOM, BATH, DINING ROOM, . . .
MLS# 879672 - RESORT
RAVENWOOD RESORT, PROPERTY CONSISTS OF MAIN HOME AND 2 - 3SEASON CABINS/FURNISHED THAT PROVIDE RENTAL INCOME. 3 DOCKS COME WITH THE PROPERTY. THE PROPERTY HAS MANY . . .
MLS# 122644 - RESORT
BAY VIEW RESORT!: ON BEAUTIFUL 1100 ACRE POST LAKE CHAIN WITH 200' OF SWIMMING FRONTAGE. ALL 3 COTTAGE/STYLE HOMES ARE YEAR AROUND AND HAVE 1-2 BEDROOMS, A FULL BATH AND . . .
MLS# 114683 - RESORT
LOOKING FOR A GOOD SOLID INVESTMENT IN TODAY'S ECONOMY? WANT THE BEST VALUE FOR YOUR MONEY? THIS TURNKEY RESORT BUSINESS HAS A STRONG LOCAL AND TOURIST BASE AND HAS 178' . . .
MLS# 143675 - RESORT
OPPORTUNITY! OPPORTUNITY! THIS RESORT HAS NEVER BEEN OFFERED BEFORE FOR THIS PRICE! BUY THIS OPPORTUNITY AT THE DOWN OF THE MARKET AND THE FUTURE FOR THIS BUSINESS IS UP . . .
MLS# 118175 - RESORT
EDNA IS RETIRING! WHETHER YOU ARE LOOKING TO HAVE A FAMILY COMPOUND WITH CABINS, WANT PRIME REAL ESTATE FOR BUILDING/DEVELOPING, OR WANT TO FULFILL THE DREAM OF OWNING A . . .
MLS# 143628 - RESORT
GREAT LOCATION WITH RETURN CLIENTELE. THIS RESORT FEATURES 3 SEPARATE CABINS AND BEAUTIFUL FLAT LAKE FRONTAGE WITH DOCK SPACE FOR ALL YOUR GUESTS. THIS TURN-KEY . . .
MLS# 145286 - RESORT
PROPERTY IS ZONED COMMERCIAL/RESIDENTIAL. COULD EASILY BE A COMMERCIAL PROPERTY WITH LIVING QUARTERS. ROOMS ARE VERY GENEROUS IN SIZE, THERE IS A LARGE OFFICE, LIVING . . .
MLS# 145498 - RESORT
LOCATION, LOCATION...WHAT A DEAL...380 FT OF SAND SHORELINE ON PRISTINE LAKE JULIA JUST 2 MILES SOUTH OF RHINELANDER. THE TIMBER LODGE HAS BEEN CLOSED FOR A FEW YEARS . . .
Re: Wisconsin Resort Sales Division
Tired of the daily grind and longing for a dramatic change? Have you ever dreamed of the possibility of owning your very own Wisconsin resort property? Many people have found happiness by leaving their traditional day jobs and embarking on the amazing journey of owning their very own WI resort. Living in nature, making your own decisions, meeting thousands of new, interesting folks over the years; what could be better? For many, purchasing a resort provides a new lease on life away from the constant pressures of our modern world. Contact LakePlace.com's Wisconsin resort sales division today and let us be your guide on this exciting journey.
The Encarta English Dictionary defines a resort as a, "vacation place; a place that is popular for recreation and vacations and provides accommodations and entertainment." From luxurious, multi-acre properties with five-star restaurants and spa facilities for romantic getaways to comfortable RV campgrounds with miniature golf courses and video arcades perfect for family vacations - Wisconsin resorts, campgrounds and rv parks come in all sorts of shapes and sizes. Most everyone on one occasion or another has had the opportunity to visit a resort property. While most of us have spent some treasured vacation time at a resort, others have been fortunate enough to have had the experience of owning and operating their very own piece of resort property. Certain locations, such as Minnesota and Wisconsin, have resort properties which are cost prohibitive to the average real estate investor. Other locations are lacking in interesting activities and attractions worthy of drawing in enough visitors sufficient to maintain a steady level of income. Location is of key importance and there are few better places to operate a resort property than the great state of Wisconsin. With thousands of acres of pristine forests, clear lakes, great family attractions and welcoming Midwestern charm, Wisconsin offers abundant opportunity to folks looking to purchase their own resort or RV campground property. If you have ever dreamed of the possibilities offered by owning your own resort, below are a few important considerations when beginning your quest for the perfect property:
Location, Location, Location
The golden rule of real estate is to first and foremost consider the location of the property you are looking to purchase. What sort of attractions are in the local area? Are there restaurants and shopping establishments in the vicinity for the convenience of your future guests? How accessible are local towns and communities? Many people come to Wisconsin to experience the beauty of the natural world; to immerse themselves in the forests and lakes of this breath-taking wilderness. When looking at resort property options, it can be important to consider how accessible such lakes, boat docks, trails and outdoor recreational opportunities are from the property. It can also be a good idea to spend an extended period of time in the area yourself so that you can be familiar with the area attractions and hotspots. It will be well worth it to spend some time objectively observing the area's flaw and advantages prior to moving forward with any major real estate purchase.
If you are considering buying a resort in Wisconsin, take a look at areas known for their tourism and resort properties. Purchase a resort in a desirable locale such as the greater Hayward or Spooner areas and you are sure to have plenty of traffic during the high-tourism seasons of late spring, summer and early fall. Other, more remote areas, may be desirable for some travelers; however, you may want to consider making an out-of-the-way resort incredibly unique in order to attract visitors to such a distant venue. Note: Wisconsin has many desireable resort areas - contact LakePlace.com's Wisconsin resort sales division to get an up to date list of all current WI resorts for sale.
Constructing a Resort vs. Purchasing a Pre-Existing Resort Property
When embarking on a journey of establishing and operating your own resort, one of the first decisions to be made is whether you will seek to purchase a pre-existing resort property from its current owner or whether you will purchase a tract of land and construct your own resort there. Prime pieces of Wisconsin land without current resorts or construction on them can be few and far between; however, if you find the perfect spot and have sufficient capital investment, building your own resort property from scratch allows you to shape the resort according to your own vision without constraints.
That being said, pre-existing resorts can be excellent buys as well. Whether the property offers hotel style accommodations, cabins for rent or RV campground facilities, existing resort properties can be molded and developed into unique and desirable locations with a little creativity. Or, you may be lucky enough to find a pre-existing resort which has been operating successfully for a number of years, which will help ensure plenty of visitors during your first early years of operation.
Whether you are looking to take-over an existing resort or construct your own from the ground up, it is important to consider the income and revenues of the resorts in the surrounding area to determine how much money you can feasibly dedicate to the project and still expect to gain a decent return on your investment. When purchasing a pre-existing, operational resort, be sure to have a qualified business appraiser give an estimate of the property's value and future earning potential based on historic earnings and expenses. If you are building your own resort from scratch, resorts of similar size and type in the vicinity (or similar locations) can help give you an idea of the earning potential of your investment. What type of operating expenses can you expect? Do you need to maintain a staff to welcome your guests? These are all important issues to evaluate.
When purchasing a resort property in a venue such as Wisconsin, it is also important to consider the variations in revenue you might expect as the seasons change. While winter is actually a lovely time to visit the Northwoods, it is also much less populated than the warmer months of summer. This trending causes obvious drops in income for resort owners during the winter season. With proper planning, these income variations can be anticipated and adapted to by owners and operators of resort properties.
Bringing Your Vision to Life
Owning a resort can be a thrilling career full of rewards, daily satisfaction and financial security. It can also be stressful, especially for the first several years of operation when revenues are much more likely to be unpredictable. Purchasing and operating a resort certainly isn't something you approach half-heartedly just to see how it goes. Successful resort owners are passionate about their resorts. They are dedicated to providing welcoming relaxation for travelers year after year. When contemplating the possibility of quitting your day job to buy and operate a resort, think long and hard about whether you are truly comfortable with the decision. If the answer is a resounding 'yes,' brainstorm about ways that you can make your resort property truly unique and special for visitors. Hospitality is crucial in the resort industry. With a resort property, great amenities, welcoming guest service, a beautiful setting and a little luck will keep travelers coming back to enjoy your resort. Whether you choose to focus on eco-tourism, luxury or a family atmosphere, carefully plan out your vision for the resort property and stick to it. And don't forget to plan carefully to make sure that you have the capital and funds to finance any planned upgrades to the resort property.
The Condition of the Resort Property
While pre-existing resorts can be a great choice for those looking to enter the resort market, there can also be a lot of hidden costs when assuming such a business. Know exactly what you are getting into when you make the commitment to purchase a resort property. Buildings on the property can require extensive maintenance. Guest rooms and cabins require periodic updates to keep up the levels of comfort guests have come to expect. Adding additional services such as wireless internet may be necessary to meet the expectations of today's traveler. Zoning restrictions can inhibit future growth prospects, which can be another important issue to investigate before embarking on the process of purchasing a resort. Prior to committing yourself to owning and operating a resort, make sure a licensed, bonded and insured property inspector gives the property a thorough going-over. Even though such inspections can be expensive for larger properties, they are essential to help protect buyers from thousands of dollars of hidden maintenance and upgrade charges in the future.
Another hidden operating charge can be the cost of insuring against catastrophic events or injuries on the property. With lakes, boating activities, pools and spas, the costs of such insurance can be much higher than properties without such resort-style amenities. Make sure you have a thorough understanding of the costs you will incur in order to properly insure yourself against potential liability.
Before making any decisions about property purchases, it is important to consult with your financial, real estate and legal professionals. They will have insight into the process and comments about the viability of your goals that may be unapparent to those unfamiliar with your particular situation. If buying a Wisconsin resort is a feasible project for you, but you have no idea where to start, be sure to check out some of the wonderful resort properties available in Wisconsin. Wild, beautiful and relaxing with a relatively low cost of living, Wisconsin is the perfect spot to establish your very own retreat for travelers here in the Northwoods. Resorts here vary from luxurious, romantic retreats to family-style RV campgrounds, perfect for sitting around a fire under the Wisconsin stars. If you have always longed for the independence to make your own decisions without the constant grind and pressures of modern life, look no further than the fabulous resort properties of the Northwoods. Contact LakePlace.com's Wisconsin resort sales division today!
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