1035 W Prospect Ave Appleton, WI 54914

Listing agency Jahnke Property Group Inc

Listed by Matt Jahnke · License #WI 937916-91

Source Crexi

Added: Apr 11 Updated: Jul 22 at 4:13PM Checked: Jul 22 at 4:13PM

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Investment Insights

Based on property information with market context.

The offering consists of two adjacent parcels, each improved with a single, ranch-style building. Both buildings are occupied by one tenant and operate as a community-based residential facility (CBRF). As defined by the Wisconsin Department of Health Services, a CBRF is a community setting where five or more unrelated people live together, providing room and board, supervision, and support services, with nursing care up to three hours per week.

The property is located in the Fox Cities region of East Central Wisconsin, which includes 19 communities in the greater-Appleton area. The public remarks note the region is supported by major employers including ThedaCare, Kimberly Clark, Pierce Engineering, and Thrivent Financial.

The sale is offered as a commercial real estate investment with fee simple ownership, with the property reported as 100% leased to an existing operator and nearly seven years of remaining term. The property address is being withheld, and the listing location shown on Crexi Map is not accurate; the seller will provide the location upon signed CA and seller approval.

Key Highlights

• Two adjacent parcels improved with a single ranch‑style building, both occupied by one tenant
• Currently operating as a community‑based residential facility (CBRF) with room and board, supervision, and support services
• CBRF services may include up to three hours of nursing care per week

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FAQs

What type of property is this?

Assisted living facility - Ranch-style facility on two adjacent parcels, 100% leased to a single operator for community-based residential care.

Where is this assisted living facility located?

The property is located at 1035 W Prospect Ave Appleton, WI.

What are key features of this property?

This property features: Two adjacent parcels improved with a single ranch‑style building, both occupied by one tenant; Currently operating as a community‑based residential facility (CBRF) with room and board, supervision, and support services; CBRF services may include up to three hours of nursing care per week