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The Shallows Resort 7353 Horseshoe Bay Rd
30 Room Hotel Egg Harbor, WI 54209 £5,359,783 (£178,659/Room) 10% Net Initial Yield
Investment Highlights
- Profitable resort on 4.09 acres with 400 feet of private shoreline on the Green Bay section of Lake Michigan
- Located in the popular Midwest vacation destination of Door County, Wisconsin
- 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
- 10% cap rate based on current financials, 12.6% on 2025 pro forma
- One of the only resorts in Door County directly on the water with many repeat visitors year after year
- Owner's or manager's house onsite or could be used as an additional rental unit
Executive Summary
Property Facts
| Price | £5,359,783 | Building Class | B |
| Price Per Room | £178,659 | Lot Size | 4.09 AC |
| Sale Type | Investment | Building Size | 31,320 SF |
| Net Initial Yield | 10% | No. Rooms | 30 |
| Sale Conditions | Business Value Included | Number of Floors | 2 |
| Property Type | Hospitality | Year Built | 1968 |
| Property Subtype | Hotel | Corridor | Exterior |
| Price | £5,359,783 |
| Price Per Room | £178,659 |
| Sale Type | Investment |
| Net Initial Yield | 10% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.09 AC |
| Building Size | 31,320 SF |
| No. Rooms | 30 |
| Number of Floors | 2 |
| Year Built | 1968 |
| Corridor | Exterior |
Amenities
- Pool
- Room Service
- Beach (direct access)
- Tennis
- Hot Tub
About 7353 Horseshoe Bay Rd , Egg Harbor, WI 54209
Egg Harbor, Wisconsin is on the shores of the Green Bay section of Lake Michigan in Door County, one of the most popular vacation destinations in the Midwest. Door County encompasses the peninsula between Green Bay and Lake Michigan and has 300 miles of shoreline. Tourists to this area come for the water, nature, outdoor activities, art galleries and performing arts, local shops and boutiques, amazing food scene, local wines and brews and most notably, the cherries! Door county is also home to five state parks and 11 historic lighthouses. Egg Harbor is one of 19 unique communities in Door County and offers endless activities with something for everyone. This prime location in Door County features numerous recreational activities, inviting eateries, a variety of shops and galleries, golf courses and award winning preforming arts that will be sure to entertain everyone. Egg Harbor has been voted on of the "Top Ten Coolest Small Towns in America", "Best Shopping Experience" in Door County and "Best Wisconsin Town for Galleries and Arts Scene". It is also very well known for it's state-of-the-art marina and has the most water-view lodging of any community in the county. Egg Harbor is located approximately 60 miles from Green Bay, 170 miles from Milwaukee, 260 miles from Chicago and 325 miles from the Twin Cities. Green Bay Austin Straubel International Airport is the nearest major airport, approximately 65 miles from Egg Harbor.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 16 | £189.35 | - |
| Guest Room | 14 | £91.55 | - |
zoning
| Zoning Code | REC (Recreational) |
| REC (Recreational) |
Presented by
The Shallows Resort | 7353 Horseshoe Bay Rd
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