Edgewater Assisted Living Facilities 3 Health Care Properties Offered at $4,062,722 CAD in Multiple Locations

The Edgewater Portfolio presents a compelling turnaround and value add investment opportunity with the ability to drive significant operational efficiencies across a full continuum of care, including independent living, assisted living, and memory care. The primary campus is situated on Warrior Lake in Minocqua, Wisconsin—one of the Midwest’s premier Northwoods destinations with strong seasonal demand and favorable demographic trends. The portfolio consists of 55 units and is licensed for 60 beds. Due to current operational underperformance, the asset is being offered at a basis below replacement cost, creating an attractive entry point for investors. There
is a clear opportunity to enhance value through occupancy growth, rate optimization, and expense rationalization. New ownership will be well-positioned to implement best-in-class management practices, optimize staffing efficiencies, and improve overall operating performance. With a defined path to stabilization, Edgewater offers investors the potential to realize outsized returns through disciplined execution and operational repositioning.
Main Campus: 12440 Warpath Lane, Minocqua, WI 54548
Cedar Lodge – RCAC – 21 Units/Licensed for 21 Beds
Cedar Cottage – CBRF – 12 Units/Licensed for 15 Beds
Lake Tomahawk Campus: 6416 Flicker Road, Lake Tomahawk, WI 54539
Lake Tomahawk – CBRF – 14 Units/Licensed for 16 Beds
Bolton Campus: 2201 West Bolton Lake Lane, Lac du Flambeau, WI 54548
Bolton – CBRF – 8 Units/Licensed for 8 Beds
Significant improvements have been made over the last 5 years. A new generator was added on the main campus, a new roof on the Lake Tomahawk building, and multiple furnaces and appliances have been updated. All the buildings and properties are well-maintained.