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For sale 14 days ago

$1,500,000

5+ bd 4+ ba 12950 sqft

10 Pluim Dr., Waupun, WI 53963

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Cole Kuslits

Assisted Living Complex

Completely turn key non-operating assisted living complex. Located in Waupun WI. Only 45 minutes from Madison and Milwaukee.

Full kitchen with appliances, outdoor areas recently built.

Think in terms of a full scale residential senior living facility. Located in Wisconsin

25 bedrooms. 1.34 acres.

Right above 13,000 sqf.

Laundry room, updated kitchen, office spaces, handicap accessible bathrooms and showers.

No major rehab work needed whatsoever, light cosmetic only if reopened as a assistant living facility. I'd say the only work needed would be to modernize it.

There is also an apartment above that is cash flowing $800 per month, but can be vacant for sale.

The last two businesses open at the location were senior living/assisted living.

Owner wants out only due to age. Reason why he shut it down and just wants the property sold.

Entertaining Offers

Contact:
Cole Kuslits
920-579-6463
coleworldsolutions.com

Location:

10 Pluim Dr., Waupun, WI 53963

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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.