10% Cap Rate | Door County Resort on Lake Michigan

Egg Harbor, WI
listing image
Asking Price:$6,850,000
BUSINESS 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!

Sale 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. 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


ATTACHED DOCUMENTS
Sale Brochure .pdf Download

DETAILED INFORMATION
Location
Egg Harbor, WI
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
31,320

BUSINESS LOCATION
Report an Issue with this listing
profile-img
Frank
Jermusek
logo-img
Frank Jermusek