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Assisted Living Duplex Investment Opportunity

1600 N Boundary Road Cadott, WI 54727

1600 N Boundary Road, Cadott, WI, 54727

$649,000

For Sale

$649,000

MULTI_FAMILY - Cadott, WI

Property Size3,476 SF

Lot Size3.00 Acres

Price / SF$186.71

AddedMar 3

Days on Market134

Last RefreshJul 15 at 11:06 pm

Property Features for 1600 N Boundary Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Driveway
Patio and Porch features: Patio
Accessibility: Accessible Approach with Ramp
Standard status: Active
APN: 22906303300020000
Size: 3,476 SF
Lot size: 3.00 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 6444

Utilities

Sewer type: Holding Tank, Septic Tank
Heating system: Forced Air
Cooling system: Central Air
Water source: Well

Building Details

Year built: 2008
Number of units: 2
Building materials: VinylSiding

Listing agent Shelley Finnessy License #58027-90

Listing office CB Brenizer/Eau Claire 1021 Regis Ct, Eau Claire, WI

Listing date Mar 3, 2026

MLS# 1598838 Listing URL

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This purpose-built assisted living duplex, constructed in 2008, offers a functional layout and comfortable living environment. The well-maintained property has been consistently rented with long-term tenants. The current rents have never been increased, presenting strong potential for future income growth. Tenants are responsible for property taxes, insurance, fuel, and septic pumping in addition to the current rents. They also retain their own maintenance provider. Situated in a peaceful country setting, the property provides privacy and quiet surroundings while remaining accessible to nearby amenities. Additional land is available, providing further expansion or investment potential. The property size is 3476 square feet, and the lot size is approximately 3 acres. A property survey will be completed by the seller prior to closing. This property is located at 1600 N Boundary Road, Cadott, WI 54727.

Key Highlights

Purpose‑built assisted living duplex constructed in 2008, designed for functionality and comfortable living.
Tenants responsible for property taxes, insurance, fuel, and septic pumping, in addition to rent, creating a hands‑off investment.
Long‑term tenants in place with rents that have never been increased, presenting strong potential for future income growth.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$43.8k	$12.60
− Vacancy	−$2.4k	−$0.69
EGI	$41.4k	$11.91
− OpEx	−$12.4k	−$3.57
NOI	$29.0k	$8.33

3,476 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$413.9K

$362.2K – $482.9K (±1% cap)

NOI $28,972 @ 7.0% cap · market cap 4.46%

Second Best

Apartment 5plus

$373.6K

$326.9K – $435.9K (±1% cap)

NOI $26,153 @ 7.0% cap · market cap 4.03%

Theoretical Best

Warehouse

$1.93M

$1.69M – $2.25M (±1% cap)

NOI $135,083 @ 7.0% cap · market cap 20.81%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

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Similar Off Market Nearby

SKP Adult Family Living — 825 N Main St, Cadott, WI 54727

For sale
Assisted living facilities
WI
Cadott
54727
1600 N Boundary Road

What type of property is this?

Assisted living facility - Purpose-built assisted living duplex in Cadott, WI with expansion potential.

Where is this assisted living facility located?

The property is located at 1600 N Boundary Road Cadott, WI.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: Purpose‑built assisted living duplex constructed in 2008, designed for functionality and comfortable living.; Tenants responsible for property taxes, insurance, fuel, and septic pumping, in addition to rent, creating a hands‑off investment.; Long‑term tenants in place with rents that have never been increased, presenting strong potential for future income growth.