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1-36/4880 Otteson Lane

Eau Claire WI 54701

6
7
42736 sq. ft.
4.26 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
7 bathrooms
42736 sq. ft. floor area
4.26 ac. lot size
Multi-Family

Happy sellers in Eau Claire

93%
93% of sellers in Eau Claire reported that their sale price either exceeded or met their price expectations.

Eau Claire stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Eau Claire over the last 12 months.

Local market activity for 6 bedroom multi families in Eau Claire

In the last 12 months, 1 six-bedroom multi family similar to 1-36/4880 Otteson Lane, have been sold.

This represents a 50% increase in six-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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