Wild Eagle Lodge

4443 CHAIN O’LAKES ROAD

EAGLE RIVER, WI 54521

 FrankJermusekWild Eagle Lodgefull-12

PRICE:
$3,995,000
NUMBER OF ROOMS:
94
PROPERTY TYPE:
Resort
TOTAL LOT SIZE:
19.87 Acres

Highlights:

  • Year-Round Resort & Lodge Operation
  • Established Restaurant Operation – Blue Heron Restaurant
  • 32 Condominium Units Owned by Wild Eagle Lodge
  • Manager’s House and Lodge Reception Building Also Owned by Wild Eagle
  • Additional 45 Condominium Units Included in Rental Pool
  • Excellent Value Add Opportunities in Individual Condominium Sales & Rental Pool Occupancy Increase
  • Rental Pool Units Managed by Wild Eagle
  • Scenic Northwoods Location along Eagle River Chain of Lakes
  • Good Driving Distance and Customer Traffic from Several Major Cities: Minneapolis, Chicago, Green Bay, Milwaukee and Madison
  • Fully Furnished 1-3 Bedroom Condominium Units

Description:

Frank Jermusek and SVN | Northco Golf & Resort is pleased to announce the exclusive offering of Wild Eagle Lodge in Eagle River, Wisconsin. Wild Eagle is a fully functional resort and lodge operation along with a high-end restaurant operation, the Blue Heron Restaurant.

The resort is nestled along the beautiful shores of the Eagle River Chain of 28 Lakes. Wild Eagle Lodge is a lakeside resort offering year-round full service lodging and activities, luxury lodge homes with Northwoods decor. Each lodge home boasts a fully equipped kitchen, stone fireplace and patio or balcony with a panoramic lake view.

Wild Eagle Resort consists of 76 Condominium Homes. In total, the Lodge can accommodate up to 428 people per night. Of the 76 condo units, Wild Eagle Lodge owns 32 Condominium Homes. Wild Eagle also owns the additional home at the resort used as a Managers’ Residence and the Lodge Reception Building that has a five unit garage for maintenance.

The rental pool splits, and potential to sell condominiums owned by Wild Eagle presents an excellent value add opportunity. First by generating immediate cash with sales of condominiums, and second by generating a more proactive rental pool program to increase occupancy year round at the resort. 45 of the remaining 49 condo units not owned by Wild Eagle Lodge are separately owned and are included in the resort rental pool.

Located in Vilas County, Wild Eagle’s highly desirable Northern Wisconsin location has helped solidify the lodge as a go-to getaway spot for family vacationers and fisherman alike. Wild Eagle Lodge features a serene Wisconsin Northwoods location. Sitting along the Eagle River Chain of 28 Lakes, Wild Eagle boasts scenic views of Lynx and Duck Lakes.

Wild Eagle Lodge features the largest amount of sand beach shoreline in the entire Eagle River Chain of Lakes with 1,900 feet of prime beachfront. The area sees a population of over 20,000 in the off-season but skyrockets to over 200,000 people during the summer months.

 

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