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.
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.
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
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.
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.