7353 Horseshoe Bay Rd - Hospitality FOR SALE
Egg Harbor, WI 54209 |
$6,850,000 USD
952-820-1615
7353 Horseshoe Bay Rd
Egg Harbor, WI 54209
HIGHLIGHTS
- Profitable resort on 4.09 acres with 400 feet of private shoreline on the Green Bay section of Lake Michigan
- 10% cap rate based on current financials, 12.6% on 2025 pro forma
- Located in the popular Midwest vacation destination of Door County, Wisconsin
- One of the only resorts in Door County directly on the water with many repeat visitors year after year
- There are four lodging buildings with a mix of motel rooms, townhouses and a cottage along with a variety of amenities. 80%+ occupancy each season
- Owner's or manager's house onsite or could be used as an additional rental unit
OVERVIEW
SVN | Northco is pleased to present the listing of The Shallows Resort located in Egg Harbor, WI, in the popular vacation destination of Door County. Nestled in a wooded hideaway with 400 feet of stunning Green Bay shoreline on 4.09 acres of land, The Shallows has a variety of lodging options and amenities with very strong seasonal occupancy. With 30 lodging units, the resort sleeps 118 plus the owner's/manager's residence. The Shallows resort celebrates over 50 years of sunsets, memories, and family fun!
FOR SALE DETAILS
PRICE
$6,850,000 USD
PRICE/SF
$219 USD /SF
# OF ROOMS
30
PRICE/ROOM
$228,333 {currency}
CAP RATE
10%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Shallows Resort
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1968
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.09 AC
LAND SF
178,160 SF
ZONING
REC
APN/PARCEL ID
008-400101A
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952-820-1615
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952-820-1615
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