16-Unit Apartment
For Sale
$1,120,000
340 Center St, Prentice, WI 54556
Uniform one-bedroom residences with shared kitchen and fiber internet access.
Property Size10,400 SF
Days on Market17
Property Features for 340 Center St
General Information
Standard status
Active
Size
10,400 SF
Property subtype
Multifamily
Occupancy
95%
Units
Unit Mix
16 x 1BR/1BA
Multifamily Units
16
Additional Details
Sprinkler System
Yes
Amenities
common area with full kitchen
fiber internet
Multifamily Property with 16-Units Built in 1994 with Uniform One-Bedroom, One-Bathroom Unit Layouts
Stable Tenant Base with Long-Term Residents in a Limited Inventory Market
Efficient Expense Structure with Tenants Paying Electric and Landlord Covering Water and Heat
Boiler / Radiant Heating System and Fire Sprinkler System in Place
Recently Improved Parking Lot with Crushed Asphalt Surface
Common Area with Full Kitchen for Tenant Use
Fiber Internet Access Available to Tenants
Straightforward Operations with Easy Management Profile
Building Details
Building Size
10,400 SF
Year Built
1994
Units
16
Listing Agency:
(262) 364-1907
Listed By:
Dan Bowar · License #License(s): WI: 97683-94
(262) 364-1907
Source:
Marcusmillichap
Added: Aug 14
Changed: Aug 28
Last Checked: Aug 29 at 5:45AM
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 Dan Bowar
Investment Insights
Based on property information with market context.
This 16-unit apartment property was built in 1994 and contains sixteen matching one-bedroom, one-bathroom residences. The consistent layouts support a straightforward operating model, while a boiler-fed radiant heating system serves the building. Ownership pays for water and heat; residents are responsible for electric service. Building amenities include a sprinkler system, fiber internet access, and a shared common-area kitchen for tenant use.
The property is located at 340 Center St in Prentice, Wisconsin. Its parking area has been resurfaced with crushed asphalt. The tenant base includes long-term occupants, providing an established occupancy foundation. With a uniform unit mix, shared amenity space, and centralized heating, the asset offers a clearly defined multifamily configuration.
The property is located at 340 Center St in Prentice, Wisconsin. Its parking area has been resurfaced with crushed asphalt. The tenant base includes long-term occupants, providing an established occupancy foundation. With a uniform unit mix, shared amenity space, and centralized heating, the asset offers a clearly defined multifamily configuration.
Key Highlights
- 16‑unit apartment property constructed in 1994
- Sixteen one‑bedroom, one‑bathroom units with matching layouts
- Boiler‑fed radiant heating; landlord pays water and heat, tenants pay electric
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Explore this area
Business Placement
Demographics for 54556, WI
1,200
Population
823
Households
1.5
Avg Household Size
50
Median Age
11%
College-Educated
94%
High-School Grad
105.0 sq mi
ZIP Area
11
Density / Sq Mi
$52,656
Median Household Income
$38,000
Median Earnings
$721
Median Rent
$127,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Uniform one-bedroom residences with shared kitchen and fiber internet access.
Where is this apartment building located?
The property is located at 340 Center St Prentice, WI.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: 16‑unit apartment property constructed in 1994; Sixteen one‑bedroom, one‑bathroom units with matching layouts; Boiler‑fed radiant heating; landlord pays water and heat, tenants pay electric
