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New Multifamily Complex in Siren
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23920 Nyberg Rd, Siren, WI 54872

24-unit apartment complex in Siren Village, Wisconsin. 100% occupied.

Property SizeContact for details
Days on Market122

Property Features for 23920 Nyberg Rd

General Information

Standard status Active
Property subtype Multifamily
Zoning I-1
Listing Agency: SVN Northco Real Estate Services
Listed By: Edward Rupp · License #MN 40514585
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 7:12AM

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 SVN Northco Real Estate Services

Investment Insights

Based on property information with market context.

The Lake Country Apartments in Siren Village, Wisconsin, feature a new multifamily residential complex in a high-demand rental market. The property consists of 24 apartments within 3 buildings located in close proximity to one another, along with 3 garage buildings with 8 stalls each. The buildings will be sold 100% occupied, with strong rental demand expected moving forward. Community amenities include individual patios or balconies, pet areas, on-site built-in grills, high-speed internet access, in-unit washer/dryer, AC, baseboard heating, garages, new energy-efficient kitchen appliances, plush carpeting, and high-end laminate flooring. Siren, a town in Northwestern Wisconsin, is known for its natural beauty and outdoor recreational activities. It is located near several lakes, parks, and trails, providing residents with opportunities to enjoy the outdoors. The town also has a variety of local shops, restaurants, and cultural events. Siren is located approximately 1 hour by vehicle from the Twin Cities.

Key Highlights

  • 100% Occupied with Strong Rental Demand
  • Brand New Multifamily Residential Complex
  • Located in Siren Village, Wisconsin, Known for Natural Beauty and Outdoor Recreation

Property Analytics

Current Use

Angela's Apartment Apartment Building

Suggested Use

Top Pick Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 54872, WI

2,665
Population
2,056
Households
1.3
Avg Household Size
51
Median Age
18%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
42
Density / Sq Mi
$51,781
Median Household Income
$35,919
Median Earnings
$735
Median Rent
$210,600
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 - 24-unit apartment complex in Siren Village, Wisconsin. 100% occupied.
Where is this apartment building located?
The property is located at 23920 Nyberg Rd Siren, WI.
What are key features of this property?
This property features: 100% Occupied with Strong Rental Demand; Brand New Multifamily Residential Complex; Located in Siren Village, Wisconsin, Known for Natural Beauty and Outdoor Recreation
(651) 492-0563 Call to check price and availability
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