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    Lake Mills, WI
    Apartment Building

    Lake Mills, WI Apartment Buildings for Sale

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    Historic Mixed-Use Property
    Updated: Jul 18
    Historic Mixed-Use Property

    100 N Water, Lake Mills, WI 53551

    $750,000
    12,200 sqft
    12,200‑square‑foot mixed‑use property
    Four commercial rental spaces
    Seven residential units
    Constructed in 1909
    Former Hotel Central building
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    Townhome-Style Multifamily with Garages
    Updated: Jun 2
    Townhome-Style Multifamily with Garages

    1324 South Main Street, Lake Mills, WI 53551

    Contact for pricing
    2.56 AC lot
    Completed in 2023: 23‑unit townhome‑style multifamily community with 3BR and 2.5BA units
    21 of 23 units currently leased (91.3% occupied) with 2 available units
    Six residential buildings on approximately 2.56 acres
    Each unit includes an attached two‑car garage
    Financials: approx. $571,848 annual gross rental income and approx. $406,271 net operating income
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    See hot listings in Lake Mills

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    2 active listings match your search: Apartment Building for sale in Lake Mills, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    1725 Onsgard Rd, Madison, WI 53704

    $1,200,000
    800 sqft

    Eight two-bedroom apartments offer practical layouts within an established Madison East side setting.

    View details
    Apartment Building with Townhome-Style Unit
    Apartment Building with Townhome-Style Unit

    3712-3724 Lien Road, Madison, WI 53704

    $1,099,900
    0.37 AC lot

    Seven apartments include shared basement laundry and a distinct residence with its own private laundry area.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    601 E Oak Street, Cottage Grove, WI 53527

    $1,295,000
    0.48 AC lot

    Each residence has its own entrance, laundry, a one-car garage and additional off-street parking.

    View details
    Apartment Building with Private Garages
    Apartment Building with Private Garages

    601 E Oak St, Cottage Grove, WI 53527

    $1,295,000

    Eight-unit apartment property with individual entries, in-unit laundry, garages, and a mix of private outdoor spaces.

    View details

    Lake Mills, WI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Lake Mills, WI on our real estate platform. These investment opportunities span a total of 12,200 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for apartment complexes in Lake Mills, WI average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,485
    Population Growth (5Y) +9.0%
    Median Household Income $89,841
    College Educated 60.3%

    High-Yield Neighborhoods for Investment

    Identify Lake Mills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53551 $750K

    Taxes & Financing

    Tax Rate (average for all types) 2.03%
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    RE/MAX Community
    112 S. Main Street Lake Mills, WI 53551
    Phone: (920) 648-7755
    www.communitytothemax.com
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