215 Webster Ave Green Bay, WI 54301

This exceptional 23-unit Class A apartment building in downtown Green Bay, Wisconsin, presents a compelling investment opportunity. Completely renovated in 2020, the property boasts 12 one-bedroom/one-bathroom units, nine two-bedroom/one-and-a-half-bathroom units, and two two-bedroom/two-bathroom units. High-end finishes include stainless steel appliances, quartz countertops, in-unit washer/dryers, floor-to-ceiling windows, and refurbished wood floors. Residents enjoy a fitness center, ample outdoor space, and 54 parking spaces. The building sits on a 1.48-acre lot at 215 N Webster Ave, within walking distance of downtown amenities, including the Fox River, restaurants, bars, grocery stores, a library, YMCA, and a dog park. Major employers, Bellin Health and Schneider National, are nearby. Green Bay, Wisconsin's third-largest city, offers a vibrant lifestyle with a strong economy and population growth. The property features high-efficiency heating and cooling, new electrical and plumbing systems, and a HUD loan assumption possibility. This is a rare opportunity to acquire a stabilized, high-quality multifamily asset in a prime location with a 5.66% cap rate and 100% occupancy. The asking price is $4,840,000.