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Sold over 2 years ago

$1,049,900

5+ bd 4+ ba

936 Bonnie View Dr, Sturgeon Bay, WI 54235

Residential Condo Occupied Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

12 Unit AirBnb Opportunity In Sturgeon Bay, Door County!

MF - Residential
Three 4 Unit Buildings, 3 Bed & 1 Bed Units
Total SqFt: 3,400 Per Seller
5 Stall Detached Garage w/Efficiency Apartment

Property Features:
- All Utilities Split Including Water
- Each Unit Is Heated By Electric Baseboards
- Each Unit Has Washer & Dryer Hook-Ups
- Included: (933 Colorado) 4 Refrigerators, 4 Stoves, 2 Air Conditioners, 3 Washing Machines & 3 Dryers
- Included: (936 Bonnie View) 8 Refrigerators, 8 Stoves, 8 Unit Window Coverings, 8 Washing Machines, 8 Dryers
- Efficiency Unit In Garage, Currently Not Occupied

Occupancy/Rent & Lease Info:

Colorado Place:
Unit 1: 3 Bed/2Bath: Tenant Occupied On A Lease Through 8/31/23
Unit 2: 1 Bed/1Bath: Tenant Occupied On A Lease Through 7/31/23
Unit 3: 1 Bed/1Bath: Vacant
Unit 4: 3 Bed/2Bath: Vacant

Bonnie View:
8 Units: 1 Bed/1 Bath: All On Month-To-Month Leases At Closing

Location:

936 Bonnie View Dr, Sturgeon Bay, WI 54235

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.