Sunset Beach Resort
Shawano, WI
Asking price
$1,900,000
Sites
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Cap rate
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Price / site
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About this property
Description 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. - 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. 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.
All details
| Asking price | $1,900,000 |
|---|---|
| Address | 6575 Lake Drive |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
