For Sale
$3,600,000

825 Wisconsin StOshkosh, WI 54901

24-Unit Apartment Building, High Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 24-unit multifamily investment property, located at 825 Wisconsin St, Oshkosh, WI 54901, presents a compelling opportunity. The property, classified as Class B, boasts 92 beds spread across two, three-story buildings situated on a 0.84-acre lot. Built in 1991, the property offers significant upside potential. Recent improvements include new roofs on both buildings and carports completed in 2023, along with renovations to most units within the last two years. Currently operating as an apartment building, the property's proximity to the University of Wisconsin Oshkosh (UWO) makes it easily adaptable for student housing, potentially increasing cash flow. The asking price is $3,600,000, representing a price per unit of $150,000 and an attractive 8.00% cap rate. This property offers a strong track record of rental income and high occupancy rates, making it an ideal addition to any investor's portfolio. The property is located in Winnebago County and features a convenient Oshkosh address. This is a turnkey investment opportunity with significant potential for growth and return. The property's strong performance history, coupled with recent upgrades and its strategic location, makes it a truly compelling investment. Don't miss this chance to acquire a well-maintained, high-performing multifamily asset in a desirable Wisconsin location.

Highlights

  • $3,600,000 asking price for a 24-unit multifamily property.
  • 8.00% cap rate.
  • Located at 825 Wisconsin St, Oshkosh, WI 54901.
  • Property features 92 beds across two, three-story buildings on a 0.84-acre lot.
  • Built in 1991, Class B construction.
  • $150,000 per unit.

Property Details for 825 Wisconsin St

Property type
Dormitories, Student housing
Class
B
Year Built
1991
Buildings
2
Stories
3
Lot Size (sq. ft)
36,590 SF
Units
24

Location Insight

City
Oshkosh
County
Winnebago
State
Wisconsin
Latitude
44.0273126
Longitude
-88.5454286
825 Wisconsin St, Oshkosh, Wisconsin

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825 Wisconsin St
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