Fox Valley Area Listings
Orchard Estates is a 64-unit brick apartment complex built from 1993-1995 in a private setting on 27-acres in Waupaca, Wisconsin. Located right along the Highway 10 frontage road between Appleton and Stevens Point, the property is comprised of four identical 16-unit buildings, including 68 detached garage parking stalls and an extra 13 acres of land for future development. The unit mix is 24 One Bedrooms, 32 Two Bedroom One Bath and 8 Two Bedroom 1.5 Bath apartments, all with washer/dryer hookups and larger-than-average layouts. Major recent improvements include all new decks (32) and support columns, 4 boilers, and significant asphalt repairs. Orchard Estates is a turnkey property with appealing amenities, immediate rent upside and additional development potential.
Orchard Hills is a 32-unit apartment community located in Ripon, Wisconsin. The property is comprised of four attractive 8-unit brick buildings and an on-site office building. There are 16 One Bedroom and 16 Two Bedroom apartments, as well as 57 parking stalls. Extensive capital improvements have been made since 2017. All apartments have new kitchen cabinets, lighting and stainless steel appliances. Common area updates include all new glass entry doors in each building, new washers and dryers, all new windows and siding and replacement of the asphalt parking lots. Rents are extremely affordable with room for immediate upside. Owned and thoughtfully managed by the original investor group, Orchard Hills is a turnkey opportunity with significant renovations in a desirable location adjacent to Ripon College.
Koslo Park is a turnkey 172-unit multifamily property developed in 1993-1995 on 11.57 acres in Menasha, Wisconsin. Located in a quiet residential neighborhood adjacent to a city park, the property is comprised of 8 two-story, brick apartment buildings and 4 garage buildings with a total of 180 detached stalls and 190 outdoor parking stalls. The Subject Property offers a balanced unit mix across 3 main layouts: there are 59 One Bedrooms, 68 Two Bedrooms and 45 Two Bedroom 1.5 Bath apartment homes. Common area amenities include coin-operated laundry equipment, detached garages, and an attractive setting with all the amenities of the adjacent Koslo Park. By leveling the rents to market, the next investor will achieve $228,960 in annual rent upside. Koslo Park is a stabilized apartment investment opportunity which has been managed by the original development group to a high standard since construction. Koslo Park offers investors the opportunity to own a signature Fox Valley asset being offered at a discount to replacement cost, while generating leveraged cash returns of 11% and total returns of 17%.
Crystal Springs is a 24-unit apartment building in the Village of Lomira, Wisconsin. The property features highly affordable market rate units conveniently located just 3 minutes from Interstate Highway 41. The site is comprised of the 2-story apartment building, an outdoor storage shed and 24 off-street parking stalls. The unit mix is made up of 2o One Bedroom and 4 Two Bedroom units, roughly 600 and 800 square feet in size, respectively. In-place rents are set at naturally affordable levels far below the 50% county median rent levels. Crystal Springs is offered at a low price per unit with attractive cash return for the buyer that can add-value by raising rents and capitalizing on historically low interest rates.
Charleston Pointe is a signature 102-unit multifamily property developed in 1992 and 1993 on 8.22 acres of land. Located in a prime residential neighborhood in De Pere, Wisconsin, the property is comprised of 2 two-story buildings with a total of 111 underground parking stalls and 122 outdoor parking stalls. Charleston Pointe is being offered for sale by the original developer/owner, which has locally and thoughtfully managed the property to a high standard since construction. Charleston Pointe offers investors the opportunity to own a ‘best-in-class’ apartment property with pride of ownership appeal at just two thirds of replacement cost, while generating 8% to 10% cash returns.
Village View Apartments is a pristine multifamily complex built in 2015 located just minutes from Lambeau Field and downtown De Pere in Allouez, Wisconsin. The property features forty-eight (48) spacious apartments homes in one all brick, two-story building with 48 detached garage parking stalls and 55 outdoor parking stalls. The unit mix consists of twelve (12) 1-bedroom units and thirty-six (36) 2-bedroom units. All apartments homes feature modern amenities and conveniences such as in-unit washer and dryer, open kitchens with full appliance packages and dishwashers, and a private patio or balcony. Village View ranks among one of the best rental values in the Green Bay submarket, and further explains the nearly 100% trailing 3-year occupancy history at the subject property.
Nicolet Gardens Apartments is an immaculate senior property developed in 1996 with 30 spacious apartment homes in a highly desirable location in the city of De Pere, Wisconsin. This attractive brick building is comprised of one two-story building with 35 underground parking stalls and 22 outdoor stalls. The unit mix consists of 14 One Bedrooms, 5 Two Bedrooms, 10 Deluxe Two Bedrooms + Den and 1 Deluxe Three Bedroom + Den apartment. The property boasts a best-in-class mix of interior and common area amenities, including an elevator, an inviting community room with kitchenette and bathroom, fitness center, on-site office, in-unit w/d, large patios and balconies, forced central heat and A/C, and spacious floor plans ranging from 800-1,700 SF! The property is being offered by the original developer, who has locally managed the property to a high standard since construction, while leaving significant upside in rents for the next investor.
Chateau Townhomes is a turnkey property consisting of three complexes all located on the north side of Appleton, WI. The properties are broken down as follows: 36 units at 1201 Bartell
Court, 26 units at 3103-3113 Lawe St, and 16 units at 1836 W Pershing. All three townhome locations are comprised of 3 Bedroom/1.5 Bath townhomes that feature updated kitchens and bathrooms vanities, dishwashers, private entrances, full basements with washer/dryer hookups, and on-site parking.
Mitchell Apartments offers 48 market-rate apartment units constructed in 1990 in the city of Appleton, Wisconsin. The site includes ample off-street parking for the residents with over 100
stalls, plus 12 detached garage stalls for additional revenue. The Subject Property is ideally located in the Fox Valley and south-central Appleton, with strong visibility and quick access to Highway 441 and Highway 10 (Oneida Street). Mitchell
Apartments is a turnkey asset in a fast-growing market, offering immediate cash returns in the 7.0%-8.0% range, with 16% total cash returns.
Westland Townhomes is offered by the original builder, who constructed the project in 1991-1992 with condominium-quality amenities. All 16 two bedroom townhomes feature 2-story layouts with private entries, unfinished basements, tenant-paid utilities (including water/sewer), attached garages, and private patios. The Subject Property is visible from a Highway 41 frontage road, which has contributed to its superb rental history. Westland Townhomes is a pride of ownership type of asset, with rent upside and long-term condo-conversion potential.
Southview Park is a 71-unit apartment building developed in 1995 in Neenah, WI. The property is comprised of four two-story buildings and an outdoor parking lot. The property features a mix
of two and three-bedroom units with a refrigerator, stove, dishwasher, and on-site laundry on every floor.
Villa West is a 170-unit Elderly Section 8 apartment community located in the City of Green Bay, WI. The property is comprised of 10 two-story buildings, one community center and office, and one free-standing maintenance facility. Villa West is comprised of 1 Bedroom/1 Bath units that feature a refrigerator, range/oven, window coverings, storage closets, and on-site parking, all located on an expansive 7.5-acre site.
Shady Brook is a best-in-class 16-unit apartment property built in 1996 in Fond du Lac, Wisconsin, just minutes east of the Mercury Marine world Pick ‘N Save and Culvers. The property features
condominium-quality amenities, such as in-unit washer/dryers, central air, fireplaces, separate utilities, and underground parking. At 1,070-1,550 a unique niche as some of the largest in its submarket. The property offers the next owner both pride of ownership and attractive cash returns with a condominium conversion as a viable long-term exit strategy.
Robin Avenue is a 24-unit apartment property built in 2004-2006. Located in a prime Fox Valley location near major area retail, the property features private entrances, in-unit washer-dryers, one detached garage stall per unit, and a private balcony or patio. Tenants pay all utilities except heat. Robin Avenue offers a desirable amenity package with in-place rents $50-$65 per month below the submarket comparables, providing for
immediate rent upside and 15% cash returns to the next investor.
Lakeview Village offers 104 spacious market-rate apartment units in a high-occupancy rental market in the City of Sheboygan, Wisconsin. Rents are low for the submarket at $0.65 per square foot, and the Property offers upside due to significant recent kitchen and bathroom updates to over 70% of the units. The Owners have invested extensive amounts into capital
improvements in order to reposition the asset over the last 6 years, estimated at nearly $2,000,000.
Regency East is a 114-unit apartment property centrally located in Green Bay, Wisconsin. The property is comprised of two three-story buildings, including underground parking and outdoor
parking lot. Common area amenities are unique to the submarket, which include: underground parking, elevators, an indoor swimming pool, a large area for a community room, storage lockers, on-site laundry and a private outdoor picnic area
for the residents. Located in a single family residential neighborhood, near hundreds of stable jobs just blocks to the north of the Bellin Health Medical Center and St. Vincent's Hospital, the Property is poised to continue drawing from
nucleus of renters.
Edgewater Terrace is a well-maintained 40-unit apartment community constructed circa 1980 on property is comprised of four buildings, including spacious two- and three-bedroom units. The property is poised for continued stable occupancy rates, as it is located within view of Lake Michigan and just minutes north of Manitowoc. The Property is part of the project-based, Section 8 HUD rental subsidy program, offering steady income and
collections for the new Owners.
Fox Valley Meadows is an attractive two-building offering consisting of 60 spacious two and three bedroom apartment homes in the expanding greater Appleton area. With a strong occupancy income growth, Fox Valley Meadows is an ultra-appealing Fox Valley apartment investment.
Fox Valley Meadows
Rubina Apartments is a 62-unit property located in the City of Fond du Lac, Wisconsin. The apartments were built from 1994-1998 and are within walking distance from Marian University,
near the Highway 151 bypass and Aurora Health Clinic.
Summerfield Place is a 120-unit apartment property built circa 1994 in the City of Oshkosh. Tenants pay heat, hot water, and electric. The building is priced well-below replacement cost and features an 8.1% cap rate and 14% cash return.