|
The Wisconsin Dells considers itself the "Water Park Capital of the World," and there might be some truth in this. For an area with under 2500 full-time residents, there are 21 indoor and outdoor water parks, including the largest one in North America—the 70-acre behemoth known as "Noah's Ark." This is an area with many opportunities for investors in commercial real estate; the Wisconsin Dells have many visitors each year. How many? Considering the small size of the area, and its modest roots, the numbers are pretty amazing. How did the Wisconsin Dells come to be the center of the water park universe? And how can investors get in on this trend? The Wisconsin Dells have a long history of incorporating natural habitat to benefit visitors. The area happens to have many naturally-occurring twisting waters, which is how water parks became so popular. In the late 1850's visitors were already coming to the area to escape larger cities. When the dominant lumber industry went belly up, the area grew into a resort capital. Over the last one hundred and fifty plus years the trend of visitors has seen a steady incline. The parks now see an astonishing five million visitors a year. During the peak season, the town's residents are outnumbered by visitors 2,000-to-1. A special time of year includes the mid-September, five-day "Wo-Zha-Wa Days," when parades, free family festivals, and arts and crafts fairs attract some of the 5 million visitors. Fishing parks and horse-back riding through tunnels and canyons are available. There are also caving, comedy houses, casinos, a raceway park, haunted house, magic shows, water park acrobatics, golf parks, and more for entertainment. The commercial real estate market is therefore especially focused on tourist accommodations, attractions, and businesses. The Wisconsin Dells offer some of the finest resorts around. There are also recreational vehicles and trailer parks available for the more "down-to-earth" experience. The dream of commercial real estate ownership here is certainly alive and opportunities abound. All kinds of commercial real estate opportunities exist in the Wisconsin Dells, and housing the guests and accommodating their shopping, eating, and amusement needs is attractive for many investors, because the long-term growth potential is impressive. If you're interested in vacation rental real estate opportunities, take a close look at the Wisconsin Dells!
|
