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103-Unit Section 8 Apartment Portfolio
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920 W Campus Dr, Wausau, WI 54401

Wisconsin apartment portfolio with project-based housing assistance and occupancy exceeding 98%.

Property SizeContact for details
Days on Market143

Property Features for 920 W Campus Dr

General Information

Standard status Active
Property subtype Multifamily
Occupancy 98%

Additional Details

Highway Access Yes
Multifamily Units 103
Listing Agency: Greystone & Co., Inc.
Listed By: Matt Yarbrough · License #Texas
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:50AM

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 Greystone & Co., Inc.

Investment Insights

Based on property information with market context.

The Impact Seven Portfolio comprises 103 apartment units across multiple Wisconsin communities, with all units covered by Project-Based Section 8 assistance. A five-year HAP Renewal Contract was placed on the portfolio in 2019 and extends through 2024. The properties recorded a 93b REAC score in 2019, and reported occupancy is currently above 98%.

The portfolio includes Alvin O’Konski Manor in Wausau, Eldon Marple Manor in Park Falls, Gaylord Manor and Warren Knowles Manor in Menomonie, Lee Dreyfus Manor in Ellsworth, and Neil Rasmussen Manor in Glen Flora. The properties are positioned near colleges, parks, retail, dining, employment centers, and regional transportation routes, including Interstate 94, Interstate 39, Highways 8, 10, 12, 29, 51, 63, 65, 70, and 72, and State Highways 13 and 182.

Locations range from central and western Wisconsin communities to smaller regional markets, providing a geographically distributed apartment portfolio under a unified housing-assistance structure.

Key Highlights

  • 103 apartment units covered by Project‑Based Section 8 assistance
  • 100% HAP portfolio with a five‑year renewal contract placed in 2019 and expiring in 2024
  • Current portfolio occupancy reported above 98%

Property Analytics

Current Use

Alvin O'Konski Manor Apartment Building Coin Art (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

103
Residential units
98%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 54401, WI

31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Wisconsin apartment portfolio with project-based housing assistance and occupancy exceeding 98%.
Where is this apartment building located?
The property is located at 920 W Campus Dr Wausau, WI.
What are key features of this property?
This property features: 103 apartment units covered by Project‑Based Section 8 assistance; 100% HAP portfolio with a five‑year renewal contract placed in 2019 and expiring in 2024; Current portfolio occupancy reported above 98%
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