1632 Pinewood Ln, Hudson, WI 54016

PINEWOOD APARTMENTS OFFERS AN INVESTOR A UNIQUE OPPORTUNITY TO TAKE OVER A THRIVING AIR BNB BUSINESS FOR THE PAST SEVERAL YEARS IN HUDSON, WI. ALL FOUR UNITS ARE LARGER 1,050+ SQFT TWO BEDROOM, AND ONE FULL BATHROOM WITH IN-UNIT LAUNDRY. THREE OF THE FOUR UNITS ARE SET UP AND FURNISHED FOR SHORT-TERM RENTALS. THE LAST UNIT CAN BE RENTED OR OWNER OCCUPIED AS THE OWNER CAN EITHER RENT IT BEFORE CLOSING OR LEAVE OPEN. THE 3 AIR BNB’S HAVE BEEN EXTENSIVELY RENOVATED WITH EVERYTHING NEW!! THE EXTERIOR HAS NEWER ROOFS ON THE BUILDING AND GARAGE, NEWER VINYL SIDING, NEWER PATIO DOORS AND ANDERSEN WINDOWS, AND NEWLY POURED CONCRETE PATHWAYS AND LANDSCAPE ROCK. THE CURRENT PROPERTY MANAGEMENT COULD STAY IN PLACE AND OFFER A CAP RATE OVER 7.05% OR A NEW OWNER COULD TAKE OVER MANAGEMENT AND INCREASE THE CAP RATE CLOSER TO 9.5%+ BY DOING IT THEMSELVES.