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

1040 Fox Ridge Road, Platteville, WI 53818

All apartments are leased through May 2027, with two parking lots serving the buildings.

Property Size2,958 SF
Price / SF$845.17
Days on Market135

Property Features for 1040 Fox Ridge Road

General Information

Standard status Active
Size 2,958 SF
Property subtype Multi Family / Townhouse style units
Zoning com

Taxes and HOA fees

Annual Taxes $33,766

Amenities

None, Poured concrete foundatn, Brick, Laundry facilities
Natural Gas
Forced air
Personal belongings
14 refrigerators, 14 range/oven, 14 dishwasher, 14 washers, 14 dryers, 14 microwaves
14
Vinyl

Building Details

Year Built 2022
Units 14
Listing Agency: First Weber Inc
Listed By: Karla Downing · License #49502-94
Source: Compass
Added: Jun 23 Changed: Nov 3 Last Checked: Nov 3 at 8:45AM

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 First Weber Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property includes two apartment buildings at 1020 and 1040 Fox Ridge Road, totaling 14 units. The 2022 building has eight apartments: one with four bedrooms and two full baths, and seven with two bedrooms and one full bath. The 2023 building contains six four-bedroom apartments, each with two full baths and two living areas. All units have refrigerators, stoves, dishwashers, microwaves, air conditioning, and in-unit washers and dryers; flooring includes LVP and carpet. Some apartments also have decks.

Two parking lots serve the property, which includes two parcel numbers. All units are leased through May 2027.

Key Highlights

  • 14 apartments across two buildings
  • All units leased through May 2027
  • 1020 Fox Ridge Road building: 6 four‑bedroom apartments, each with 2 full baths and 2 living areas

Property Analytics

Who owns this building? See the owner, sales and loan history
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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 - All apartments are leased through May 2027, with two parking lots serving the buildings.
Where is this apartment building located?
The property is located at 1040 Fox Ridge Road 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 apartments across two buildings; All units leased through May 2027; 1020 Fox Ridge Road building: 6 four‑bedroom apartments, each with 2 full baths and 2 living areas
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