36-Unit Senior Housing
For Sale
$5,300,000
4880 Otteson Lane #1-36, Eau Claire, WI 54701
55+ independent living community in a wooded setting with excess land for a future building wing.
Property Size42,736 SF
Days on Market162
Property Features for 4880 Otteson Lane #1-36
General Information
Standard status
Active
Size
42,736 SF
Property subtype
Apartment
Additional Details
Multifamily Units
36
Building Details
Building Size
42,736 SF
Year Built
1998
Listing Agency:
GRIP Realty LLC
(715) 496-8111
Listed By:
Mary Proznik · License #8891494
(715) 496-8111
Source:
Jenhumblet.kw
Added: Mar 24
Changed: Aug 30
Last Checked: Aug 31 at 12:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRIP Realty LLC
Investment Insights
Based on property information with market context.
This senior housing property includes 36 independent living units designed for residents age 55 and older. Constructed in 1998, the community occupies a private, wooded setting and includes excess land that can support a future two-story expansion or additional wing.
The property is located on Eau Claire’s southside at 4880 Otteson Lane and sits between two established Continuing Care Retirement Communities. Its existing independent living format and expansion capacity provide a foundation for continued senior housing operations and potential physical repositioning, subject to applicable approvals.
The property is located on Eau Claire’s southside at 4880 Otteson Lane and sits between two established Continuing Care Retirement Communities. Its existing independent living format and expansion capacity provide a foundation for continued senior housing operations and potential physical repositioning, subject to applicable approvals.
Key Highlights
- 36‑unit independent living community for residents age 55 and older
- Constructed in 1998
- Excess land available for a future additional wing
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54701, WI
41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - 55+ independent living community in a wooded setting with excess land for a future building wing.
Where is this senior housing / retirement home located?
The property is located at 4880 Otteson Lane #1-36 Eau Claire, WI.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 36‑unit independent living community for residents age 55 and older; Constructed in 1998; Excess land available for a future additional wing
