$5,300,000

Multi Family In Eau Claire

  • 6 Beds
  • 9 Baths
  • 42,736 Sqft
  • 4.27 Ac lot
  • Updated: April 29
  • 4
    Views for last 30 days
  • Source: Wisconsin Real Estate Exchange (WIREX)  MLS#714863086200

About the Property

Introducing a rare and highly versatile investment opportunity on Eau Claire?s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a fu
Introducing a rare and highly versatile investment opportunity on Eau Claire?s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a full-service Continuing Care Retirement Community (CCRC). With the ability to incorporate assisted living, memory care, or layered home health services, the possibilities for increased revenue streams and long-term value creation are substantial. The property was thoughtfully constructed to accommodate a future two-story expansion, with excess land available for an additional wing?allowing a seamless scale-up of operations without compromising the existing structure. Nestled in a private, wooded setting, the site offers a peaceful and highly sought-after environment for residents, while still being conveniently located on Eau Claire?s southside. Its positioning is especially strategic?situated between two established Continuing Care Retirement Communities?reinforcing the area?s strong demand and proven senior housing market.
  • Property type

    Other

  • Year built

    1998

  • Price/sqft

    $124

Features

  • Garage
  • Investment Property
  • Privacy

Explore the Area

4880 Otteson Lane 1-36, Eau Claire, Wisconsin, United States View on Google Maps
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GRIP Realty LLC - ALTOONA

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GRIP Realty LLC - ALTOONA
Wisconsin, United States
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1
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2026
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GRIP Realty LLC - ALTOONA
ALTOONA, Wisconsin, United States
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Last updated
April 29
First listed
Apr 29
Listing reference
714863086200
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