2375 Maple Dr - Multi-Family FOR SALE


Sister Bay, WI 54234
$3,295,000 USD
2375 Maple Dr, Sister Bay, WI for Sale
$3,295,000 USD
Multi-Family - FOR SALE
1/45
null | 4.25% Cap Rate

2375 Maple Dr
Sister Bay, WI 54234


HIGHLIGHTS

  • All buildings completely remodeled in 2021/2022.
  • Excellent income producing rentals with great AirBnB history
  • Located in the heart of downtown Sister Bay, Door County only a few steps away to restaurants, shops and the beach
  • Turn-key with a great booking calendar of upcoming rentals and great rental history
  • Zoned B-2 for future growth and potential development
  • Excellent Year-to-Year growth

OVERVIEW

PRIME DOOR COUNTY WISCONSIN INVESTMENT OPPORTUNITY! RENTAL PROPERTY PORTFOLIO SALE! Located in downtown Sister Bay, Door County; steps from restaurants, shopping, the beach, the waterfront and all Sister Bay has to offer; this prime almost 1 acre, 2 parcels w/ B-2 commercial zoning offers excellent immediate cash flow! Currently operated as a rental business w/ 2 COMPLETELY REMODELED & fully furnished AirBnB homes w/ excellent rental history & rental day increases year to year, a FULLY REMODELED rental cottage & a 4-unit seasonal motel. The lots are beautifully landscaped, include 2 fire pit areas & 2 garages for storage/guest use. A MUST SEE this business and real estate opportunity offers GREAT INCOME, and excellent future development on probably the most PRIME REAL ESTATE in Sister Bay!

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$560 USD /SF

# OF UNITS

7

PRICE/UNIT

$470,714

CAP RATE

4.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bluffside Rentals in Sister Bay

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

B-2 Commercial

APN/PARCEL ID

181210405 & 181210404

ASK ABOUT THIS PROPERTY

Casey LadowskiRLT CommercialMore Info

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Casey LadowskiRLT CommercialMore Info

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