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14-Unit Apartment Buildings
For Sale
$2,500,000

1020 and 1040 Fox Ridge Rd, Platteville, WI 53818

Two residential buildings offer furnished kitchens, in-unit laundry, decks in select units, and dedicated parking areas.

Property SizeContact for details
Days on Market50

Property Features for 1020 and 1040 Fox Ridge Rd

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 14

Amenities

refrigerators
stoves
dishwashers
microwaves
LVP flooring
carpet
A/C
in-unit washers and dryers
decks
parking lots

Building Details

Year Built 2022
Buildings 2
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Aug 28 Changed: Oct 13 Last Checked: Oct 14 at 11:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Briggs Realty Group

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Investment Insights

Based on property information with market context.

This multifamily property includes two apartment buildings with 14 units total. The 1020 Fox Ridge building contains six apartments, each with four bedrooms, two full baths, and two living areas. The 1040 Fox Ridge building has eight apartments, including one four-bedroom, two-bath unit and seven two-bedroom, one-bath units.

Every apartment includes a refrigerator, stove, dishwasher, microwave, LVP flooring, carpet, air conditioning, and an in-unit washer and dryer. Select units feature decks, and the property provides two parking lots for residents. Both buildings received new roofs after hail damage. All units are rented through May 2027. The property is located at 1020 and 1040 Fox Ridge Rd in Platteville, Wisconsin, and includes two parcel numbers.

Key Highlights

  • 14 total apartments across two buildings
  • Six apartments with four bedrooms, two full baths, and two living areas at 1020 Fox Ridge
  • Eight apartments at 1040 Fox Ridge, including seven 2‑bedroom units and one 4‑bedroom unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Plumbing Service Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 53818, WI

15,786
Population
6,146
Households
2.6
Avg Household Size
28
Median Age
39%
College-Educated
93%
High-School Grad
154.4 sq mi
ZIP Area
102
Density / Sq Mi
$55,615
Median Household Income
$20,296
Median Earnings
$887
Median Rent
$214,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two residential buildings offer furnished kitchens, in-unit laundry, decks in select units, and dedicated parking areas.
Where is this apartment building located?
The property is located at 1020 and 1040 Fox Ridge Rd Platteville, WI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 14 total apartments across two buildings; Six apartments with four bedrooms, two full baths, and two living areas at 1020 Fox Ridge; Eight apartments at 1040 Fox Ridge, including seven 2‑bedroom units and one 4‑bedroom unit
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