Listed by Century 21 Signature Real Estate Ankeny, Century 21 Signature Real Estate
$1,900,000
Sunset Beach Resort
Details
Property Type Hospitality, Mobile Home Park
Sub Type Resort
Units 25
Cap Rate 4.12%
NOI $78,368
Occupancy 96%
Pro-Forma Cap Rate 6.21%
Pro-Forma NOI $117,961
Class A
Investment Type Stabilized
Occupancy Date 04/01/2026
26-Lot Manufactured Home Resort w/Single Family Home and 140' of Lakeshore in Northern Wisconsin
Marketing description
- The property is well maintained and offers new ownership the ability to acquire a well run, high occupancy community with upside in raising lot rents over time. The property offers additional upside through the infill of one vacant lot, as well as renting out the three stall heated garage on site which current ownership uses for personal storage.
- Shawano is a lake community located on Highway 29 just outside of the Fox River Valley. Cities such as Appleton, Green Bay, Oshkosh, Stevens Point, and Wausau are within a 90 minute drive of the resort.
- Shawano County attracts many tourist for fishing, kayaking, watersports, hiking, and other recreation, with the subject property offering an affordable summer resort destination for the residents. • Shawano County is home 20 lakes, 5 rivers, 2 wildlife recreation areas, nearly 100 miles of hiking trails, and 400+ miles of ATV/snowmobile trails.
Investment highlights
Investment Overview
- Sunset Beach Resort is located on Loon Lake in Shawano, Wisconsin and serves as a seasonal vacation destination for the tenants. There are 26 lots, with 25 lots occupied by tenant owned homes. The tenants pay lot rent once per year in June at a price of $4,675 per year (about $390 per month). Current ownership last raised lot rent by $25 per month in June 2026, but based on competing properties in the area this amount is still below market rates. The resort has had a 47 year history of tenants paying on time. During that period, vacancies have been filled very quickly as the park currently has a waiting list.
Recent Improvements
- The current owners purchased a new dock for the property totaling $11,878 in 2025.
- The current owners purchased a new land irrigation system totaling $11,685 in 2025.
Financial Analysis
- Future income assumptions are based on lot rents being raised by 3% year over year.
- Short term rental income was based on an average rate of $1,500 per week with a 50% occupancy throughout the year which is based on national occupancy rate reports for short term rentals.
- The lakehouse has been assigned a value of $600,000 for marketing purposes.
Additional Photos
- Reach out to the broker at [email protected] for more photos of the property.
Listing Contacts
Listed by Century 21 Signature Real Estate Ankeny, Century 21 Signature Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,368.00
$6,530.67/mo
Valuation Metrics
0
DSCR
4.12%
Cap Rate
4.12%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
