💰 $250K+ Revenue on This $990K Wisconsin Dells STR
🎬 $990K for a proven STR with ~25.3%+ gross rental yield, a private theater, hot tub + pickleball court.
Alex Veytsman
September 28, 2026
🎬 $250K+ Revenue on a $990K Wisconsin Dells STR With a Theater + Pickleball Court
💰 Baraboo, WI • $990K • $250K+ Annual Gross Revenue • ~25.3%+ Gross Rental Yield • 5BR • 5,088 Sq Ft • Theater • Hot Tub • Pickleball • Turnkey Furnished
📩 Interested?
💰 $250K+ Annual Revenue on a $990K Purchase Price
This one jumps off the page from a revenue perspective.
According to the seller, this Wisconsin Dells-area STR generates:
$250,000+ in Annual Gross Rental Revenue
Against the $990K asking price, that's approximately a:
25.3%+ Gross Revenue-to-Price Ratio
And there's a serious amenity package behind those numbers: 5,088 square feet, five bedrooms, a private theater, game room, hot tub, gym, pickleball court, disc golf and multiple gathering spaces.
It's also being sold fully furnished and turnkey, allowing a buyer to step into an established STR operation.
🏡 The Asset + Investment Story
309 12th Ave, Baraboo, WI 53913
💰 Price: $990,000
💵 Seller-Reported Annual Gross Revenue: $250K+
📊 Gross Revenue / Price: ~25.3%+
🔢 Price / $250K Gross Revenue: ~4.0x
🛏️ 5 Bedrooms
🚿 3.5 Bathrooms
📐 5,088 Sq Ft
🎬 Private Theater
🎮 Game Room
♨️ Hot Tub
🏓 Pickleball Court
🥏 Disc Golf
🏋️ Private Gym
🔥 Fire Pit
🛋️ Fully Furnished + Turnkey
At approximately 4x seller-reported annual gross revenue, the top-line numbers are particularly notable.
That's not a cap rate—the property's expenses and full P&L still need to be evaluated—but a 25%+ gross revenue-to-price ratio gives an investor a substantial amount of revenue relative to the purchase price.
The thesis: acquire a proven $250K+ revenue STR for under $1M, with more than 5,000 square feet and a destination-style amenity package already built out.
🎬 A Property Built to Be the Destination
This isn't a rental that relies entirely on guests leaving the property to stay entertained.
Inside, there's a private theater, dedicated game room and gym.
Outside, guests get a hot tub, pickleball court, disc golf, fire pit and multiple gathering areas.
That combination gives large groups plenty to do throughout their stay and creates the type of amenity-heavy experience that can help an STR stand apart from more traditional vacation homes.
💦 Near Wisconsin Dells
The property also benefits from its location near Wisconsin Dells, giving guests access to one of the Midwest's major family vacation destinations.
That pairs naturally with the property's setup: five bedrooms, more than 5,000 square feet and amenities geared toward families and groups traveling together.
And because the property is sold fully furnished, an investor isn't starting with an empty 5,000-square-foot house and then spending months designing, furnishing and adding the amenities needed to compete.
The product is already built.
💸 Financing
At a $990K acquisition price with more than $250K in seller-reported annual gross rental revenue, this could be worth evaluating with lenders that understand established STR income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
📍 Looking for an STR? Get Connected With Our Local STR Agent Partners
We've developed new relationships with STR-specific agents and agent teams in some of the best short-term rental markets in the country.
These partners specifically understand STR investors—from identifying the right pockets and properties to understanding local regulations, revenue potential and the amenities that help drive bookings.
Looking in one of these markets? Get connected directly with our local STR agent partner:
🌴 Tampa / Orlando — Theme park tourism
⛰️ Smoky Mountains — National park traffic
🤠 Houston / Galveston — Big-city demand
🎸 Nashville — Bachelorette capital of the U.S.
🌄 Blue Ridge — Mountain getaway charm
🍂 Shenandoah Valley — Scenic mountain escapes
🏜️ Sedona & Scottsdale — Desert luxury + year-round sunshine
🌵 Phoenix — Desert sunshine + major event demand
🏔️ Asheville — Mountain charm + year-round tourism
🌴 South Florida — Beaches + year-round sunshine
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
📍 Market Selection
🔎 Property Search
📊 Deal Underwriting
🎨 Design + Furnishing
🔥 Revenue-Driving Amenities
⚙️ Launch + Operations
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help deciding where to buy, which property to choose, what it could generate or how to design and amenity it, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $250K+ Seller-Reported Annual Revenue — an approximately 25.3%+ gross revenue-to-price ratio at the current asking price.
🔢 ~4x Gross Revenue — a particularly low purchase-price-to-revenue multiple if the reported performance is sustained.
🎬 Loaded With Amenities — theater, game room, hot tub, gym, pickleball, disc golf and fire pit.
📐 5,088 Sq Ft — significant space for families and large groups to gather.
🔑 Turnkey From Day One — fully furnished with the guest experience and major amenities already in place.
⚡ Bottom Line
$990K. $250K+ Annual Revenue. ~25.3%+ Gross Yield. ~4x Gross Revenue.
The revenue is the headline here.
At the current asking price, this property is generating seller-reported gross rents equal to more than one-quarter of its purchase price annually.
But there's also a physical property capable of supporting that STR strategy: 5,088 square feet, five bedrooms, a private theater, game room, hot tub, pickleball court, gym and multiple gathering spaces.
For an investor looking for an amenity-heavy, already-operating STR near Wisconsin Dells with substantial proven top-line revenue, this one stands out.
📩 Interested in This Property?
