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7353 Horseshoe Bay Road
- 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. 74%+ occupancy each season
- Owner's or manager's house onsite or could be used as an additional rental unit
- Amenities include heated outdoor pool and hot tub, tennis/pickleball courts, fire pits, picnic area, playground, private shore and dock, bicycles, canoes, kayaks, Wi-fi and more
Property Description
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!
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $6,850,000 |
| No. of Units: | 30 |
| Year Built: | 1968 |
| Lot Size: | 4.09 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $228,333 |
| Property Website | Click Here |
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