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7353 Horseshoe Bay Rd
Egg Harbor, WI 54209
The Shallows Resort · Hospitality Property For Sale · 23,915 SF

Investment Highlights

  • 11.95% Cap Rate - Profitable resort on 4.09 acres with 400 feet of private shoreline on the Green Bay section of Lake Michigan
  • 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 - possibly additional rental units
  • Located in the popular Midwest vacation destination of Door County, Wisconsin
  • There are four lodging buildings with a mix of motel rooms, cottage and townhouses; 80%+ occupancy
  • Amenities include pool/hot tub, tennis courts, fire pits, picnic area, playground, private shore and dock, bikes, canoes/kayaks, wifi and more

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.09 AC
Building Size 23,915 SF
No. Stories 2
Year Built/Renovated 1967/2011
Parking Ratio 0.71/1,000 SF
Corridor Exterior
Zoning REC - Recreational

Amenities

  • Pool
  • Room Service
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Tennis
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Property Taxes

Property Taxes

Parcel Number
008-400101A
Land Assessment
$1,017,900
Improvements Assessment
$706,800
Total Assessment
$1,724,700
  • Listing ID: 24232518

  • Date on Market: 10/5/2021

  • Last Updated:

  • Address: 7353 Horseshoe Bay Rd, Egg Harbor, WI 54209

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