Description
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.
Interior Details
- Above Grade Finished Area39,861 SqFt
- Accessibility FeaturesAccessible Elevator Installed, Other, Accessible Doors, Accessible Hallway(s), Accessibility Feature
- Appliances IncludedDryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, See Remarks, Washer
- BasementPartial, Partially Finished
- Below Grade Finished Area2,875 SqFt
- Below Grade Unfinished Area12,096 SqFt
- Building Area Total54,832 SqFt
- CoolingOther, See Remarks, Wall Unit(s), Wall/Window Un
- ElectricCircuit Breakers
- FoundationPoured
- HeatingHot Water, Other, See Remarks
- Interior FeaturesCeiling Fan(s)
- Living Area32,767 SqFt
Exterior Details
- ConstructionBrick, Stucco, Vinyl Siding
- Exterior FeaturesSprinkler/Irrigation
- Lot Size4.26 Acres
- ParkingAsphalt, Driveway, Garage Door Opener
- Patio FeaturesConcrete, Deck, Patio
- SewerPublic Sewer
- Water SourcePublic
Property Details
- 2025 Taxes$32,767
- CountyEau Claire
- Electric Expense$10,500
- Fuel Expense$11,000
- InsuranceExpense$10,337
- Maintenance Expense$30,000
- Number of Units37
- Other EquipmentOther
- PossessionSubject To Tenant Rights
- Property SubtypeApartment
- School DistrictEau Claire Area
- Senior CommunityYes
- StatusActive
- TownshipCity of Eau Claire
- Trash Expense$2,373
- Unit Number1-36
- Water & Sewer Expense$16,549
- Year Built1998
- ZoningResidential-Multifamily
Ready to Take a Look?
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Call (715) 318-5141 Today!
