Lincoln School is a 45-unit apartment building located in Waupun. The property is comprised of one 2-story apartment building built in 1992, with 45 two-bedroom units and parking for 90 vehicles. The property was developed under the federal Low Income Housing Tax Credit program and continues to operate as affordable housing subject to a land use agreement that expires at the end of 2022. Lincoln School has undergone significant capital improvements over the last several years, including new roof, decks, hallway carpet, boiler controls, water heater, and trash enclosure. Offered at a low price per unit and far below replacement cost, this turnkey property is projected to deliver 9% leveraged cash returns, and 18% total returns to investors who adjust rents to 60% of county median income.
Parkwood Glen is a 12-unit apartment building being offered by the original developer. The property is located in a quiet, residential neighborhood in the Village of Lake Delton, Wisconsin and features highly affordable market rate units. The property was built in 1976 and is comprised of 12 One Bedroom apartments. Rents are set far below the 50% county median rent level, allowing for significant rent upside. Parkwood Glen offers an attractive cash return for the buyer that can add-value by raising rents and capitalizing on historically low interest rates.
Eastwood Park, Oakridge & Yellowstone Apartments
Eastwood Park and Oakridge is a 72-unit apartment property in the city of Marshfield, Wisconsin. Eastwood Park is 32 units built circa 1987, and Oakridge is 40 units built circa 1990. In all, there are 4 One Bedroom, 56 Two Bedroom and 12 Three Bedroom apartments. Eastwood Park and Oakridge is a turnkey multifamily opportunity offered by the original ownership group that has re-invested significant amounts of capital since 2012 to keep the properties on a competitive footing. Yellowstone Apartments is an 8-Unit apartment property built circa 1976 located in Hewitt, Wisconsin, just 10 minutes east of Marshfield. All apartments are spacious corner units with two bedrooms. Both properties have significant rent upside.
St Joseph is a 76-unit market rate apartment located in Chippewa Falls. It is being offered by the same family that purchased and redeveloped the former St. Joseph Hospital into apartments in 1974. The property features 45 one bedroom, 27 two bedroom, and 4 three bedroom apartments. With a desirable neighborhood location and near a revitalizing riverfront, the Property is priced to sell at just 5.3 times its gross rent and offers immediate cash returns of 14%
Plover 20 is a 20-unit market rate apartment property built from 1997-2003 located in the Village of Plover. The property is comprised of three 4-unit and one 8-unit apartment buildings,
and one 7-stall detached garage building. Plover 20 features spacious 2 bedroom apartments with both attached and detached garages and on-site laundry.
Golden Plover is a 244-unit apartment property built from 1982 to 2009 on about 21.8 acres of land in southwest Plover (Stevens Point). The property is south of State Highway 54 and west of US Business 51. The property is comprised of thirty-nine 2-story buildings covering thirty-seven adjacent parcels of land. The property features a mix of one, two, and three bedroom units, and over 208,000 rentable sqaure footage in total. 200
apartments feature detached garages and 44 units feature attached garage parking.
Allyson Court is a 40-unit market-rate apartment property located in Stevens Point, Wisconsin. The property is located just off County Highway HH, two miles west of Interstate 39 and the
Crossroads Commons Shopping Center. Comprised of two 8-unit buildings built in 1969 and six 4-unit buildings constructed in 2000, Allyson Court features large two-bedroom floor plans, both
attached and detached garages, full-sized baths, patios or balconies & onsite laundry.
Amity is an affordable rental community in the city of West Bend, WI. The property underwent a comprehensive renovation in 2002-2003. The building was previously home to Amity Leather
warehouse. The apartments are best-in-class in the market, featuring high ceilings, large windows and generous floor plans with units as large as 1,800 square feet The property has an elevator, on-site office, community room and fitness room.
Silvernail is an exclusive offering of 128 apartments, with an additional 2 office tenants, located in the booming downtown corridor of La Crosse, Wisconsin. There is ample outdoor parking totaling 181 outdoor stalls. Rents are among the lowest in the La Crosse submarket, and offer an exceptional value which has led to superior current and historic occupancies. Offered at a 7.5% cap rate, Silvernail offers the next investors 15% initial cash returns or more.
Wildwood Court is a 44 unit, market rate apartment complex consisting of two virtually identical 2 story buildings. Wildwood is located on-site washer/dryers, balconies/patios and tons of recent capital improvements.
Pioneer Place is a 35-unit market-rate apartment property originally built circa 1931. An extensive rehabilitation was done in 1992 with further upgrades in 2010-13. Pioneer Place is a truly
unique property with an unparalleled set of amenities, all in a convenient downtown location adjacent to a city park and the picturesque Wisconsin River.
Whitetail Run is a 42-Unit senior independent living apartment property built in phases from 1994-2000 in Plover, Wisconsin. The property features an on-site office and impressive resident
clubhouse. Whitetail Run is a turnkey senior property with superior amenities to most of the competition, while the owner has steadily reinvested in the property. Appealing to a much
broader pool of renters than much of the competition, Whitetail Run should continue with its track record of strong occupancies and reliable cash flows.
Hidden Glen Apartments is an attractive 40-unit apartment community built in 1995 in the quiet community of Holmen, Wisconsin. Hidden Glen is offered by the original owners and development group, and the Property features an attractive mix
of common and unit amenities that should yield strong occupancies and cash returns for the next investor group.
Songbird Apartments is a well-managed 24-unit apartment community constructed circa 1997 in Chippewa Falls, Wisconsin. Songbird Apartments is offered by the original owners and
development group, and the Property features an attractive mix of common and unit amenities that should yield strong occupancies and cash returns for the next investor group.
Cedar Grove I & II
Cedar Grove I and II Apartments is a well-maintained 64-unit Section 42 apartment community in Menomonie, Wisconsin. The
property is comprised of eight buildings, including an on-site office, an owner’s storage garage, playground area and basketball court. The Property is offered at an attractive value with a
providing for significant upside and potential returns.
High Point Meadows
High Point Meadows is a 24-unit, Section 42 apartment building constructed in 1997-1998 on roughly 3.97 acres of land in Ellsworth, Wisconsin. The property is comprised of two 12-unit, two-story buildings, 25 detached garages, and an outdoor parking lot.
10,296 Sq. Ft.
The Offering is comprised of three adjacent, improved parcels located one block from the Capitol Square at the corner of N. Webster and E. on N. Webster and 66 feet of frontage on E. Mifflin Street. The maximum number of housing units that could be developed on the site is estimated to be roughly 60 units.
Senior Housing Package
This Offering includes a package of 3 best-in-class, senior apartment buildings totaling 145 units in the stable communities of Reedsburg, Waupun, and Portage. Each building features heated underground parking, a community room, elevator, and an on-site office, providing a superior rental advantage in their markets.
City Walk is located in downtown Wausau, WI. The property is operated as housing for older adults in accordance with HUD fair housing guidelines. City Walk is comprised of 1 and 2 bedroom units. Property features include laundry on each floor and detached garages.
Half Moon Lake
Half Moon Lake is a 68-unit apartment property built 1969-1973 in the City of Eau Claire, WI with a mix of 1 and 2 bedroom units. The property provides investors the rare opportunity to own a
well-maintained rental property with lake frontage.