Eight-Unit Apartment
121 W Glenbrook Dr, Pulaski, WI 54162
For Sale
$599,900
Pending
Two buildings provide separate four-unit configurations with on-site parking and shared laundry.
Property Size4,616 SF
Days on Market51
Property Features for 121 W Glenbrook Dr
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
shared laundry
Building Details
Year Built
Buildings
Listing Agency:
Renard Realty
Listed By:
Shane Renard - Principal Broker Owner · License WI #9057962
(920) 606-4436
Source:
Renardrealtygroup
Added: Sep 20
Changed: Nov 1
Last Checked: Nov 8 at 6:20AM
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 Renard Realty
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Investment Insights
Based on property information with market context.
This multifamily property includes two four-unit apartment buildings totaling 8 units and 4,616 SF. Each apartment is equipped with a stove and refrigerator, while heating is provided by boiler/gas systems. Select units feature newer carpet and bathroom tile. One building offers a full basement for storage, while the second has a slab foundation.
The property is located at 121 W Glenbrook Dr in Pulaski, WI 54162. Exterior improvements include a newer metal roof, outdoor parking, and two detached garage structures: one with 4 stalls and another with 2 stalls. Shared laundry is available through 1 washer and 1 dryer located in a unit. The property was built in 1972 and includes a large lot with room for further development.
The property is located at 121 W Glenbrook Dr in Pulaski, WI 54162. Exterior improvements include a newer metal roof, outdoor parking, and two detached garage structures: one with 4 stalls and another with 2 stalls. Shared laundry is available through 1 washer and 1 dryer located in a unit. The property was built in 1972 and includes a large lot with room for further development.
Key Highlights
- 8 total apartment units across two four‑unit buildings
- 4,616 SF multifamily property built in 1972
- Detached garages with 4 stalls and 2 stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,402
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,040
$808.0K
Cap Rate 7%
$577,171
$577.2K
Cap Rate 9%
$448,911
$448.9K
Market Conditions
NOI Build-Up for 4,616 SF
Gross rent
$75.9K $16.44/SF
− Vacancy
−$2.4K −$0.53/SF
EGI
$73.5K $15.91/SF
− OpEx
−$33.1K −$7.16/SF
NOI
$40.4K $8.75/SF
Area
Brown County, WI
Vacancy
3.20%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,040
Cap Rate 7%
$577,171
Cap Rate 9%
$448,911
Alternative Uses
Best Use
Apartment 5plus
$577.2K
$505.0K – $673.4K
NOI $40,402 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$892.0K – $1.19M
NOI $71,363 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
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Business Placement
Demographics for 54162, WI
9,570
Population
3,594
Households
2.7
Avg Household Size
39
Median Age
22%
College-Educated
96%
High-School Grad
111.5 sq mi
ZIP Area
86
Density / Sq Mi
$79,053
Median Household Income
$47,170
Median Earnings
$797
Median Rent
$258,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings provide separate four-unit configurations with on-site parking and shared laundry.
Where is this apartment building located?
The property is located at 121 W Glenbrook Dr Pulaski, WI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 8 total apartment units across two four‑unit buildings; 4,616 SF multifamily property built in 1972; Detached garages with 4 stalls and 2 stalls
