STERLING HOUSE

18 Units

Elkhorn, WI

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Sterling House, located in the city of Elkhorn, Wisconsin, is an 18-unit apartment property comprised of two adjacent buildings situated on approximately 0.75 acres of land with a 26 stall surface parking lot. Elkhorn offers a high quality of living along Interstate 43 and is conveniently situated within 35 miles of Milwaukee, Janesville/Beloit, and Microsoft’s future $1 billion data center campus in Mount Pleasant, WI. Sterling House is only one block from downtown Elkhorn, with several restaurants, shopping, and entertainment options. 112 S. Wisconsin Street is a 12-unit apartment property built in 1972, consisting of 8 Two Bedroom and 4 One Bedroom apartments. 114 S. Wisconsin Street is a 6-unit apartment property built in 1989, consisting of 6 Two Bedroom apartments. Since 2023, the property has undergone over $150,000 of capital improvements including $110,000 of unit updates and over $40,000 of exterior and common area improvements. Sterling House offers an opportunity to acquire an 18-unit apartment community conveniently located in the heart of downtown Elkhorn, in a strong Walworth County housing market.