Updated Feb 25, 2026
Marcus & Millichap Brokers $2.7M Sale Of Portage County Health Care Center In Stevens Point WI
825 Whiting Avenue
$2,700,000
$33/SF
Building Size
81,562 SF
Asset Type
Nursing Home
Closing
Feb 25, 2026
About this deal
AI
The property involved in the transaction is a nursing home located at 825 Whiting Avenue in Stevens Point, WI. This asset encompasses 16 acres and has a total square footage of 81,562. The sale was finalized at a price of $2,700,000, translating to a price per square foot of $33.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $2,700,000
- Address: 825 Whiting Avenue
- Market: Stevens Point, WI
- Acres: 16
- Square Footage: 81,562
- Price per Square Foot: $33
Ray Giannini from Marcus & Millichap represented Portage County in this transaction, facilitating the sale of the Portage County Health Care Center, which accommodates 48 beds for skilled nursing and rehabilitation services.
On the Map
$2,700,000
$33/SF
Nursing Home
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Players
Stevens Point Nursing Home Market Snapshot
Boundary boundary · Nursing Home · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93