10% Cap Rate | Door County Resort on Lake Michigan
7353 Horseshoe Bay Road
Egg Harbor, WI 54209
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
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!
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.
