Building Details

Tenancy Multi

Listing Agency: Jon Miles Real Estate

Listed By: Jonathan Miles · License #WI 52646-90 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 9:36PM

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Investment Insights

Based on property information with market context.

This small apartment complex consists of 8 units in total, with a mix of two 1-bedroom, four 2-bedroom, and two 3-bedroom apartments. The building has separately metered utilities for each unit, and each unit is equipped with its own electric water heater.

The property is located in a rural community in the northeastern part of Wisconsin, with the Village of Suring featuring an 18-hole golf course and ATV trails. All transactions are subject to Rural Development approval.

The unit configuration and separate metering provide an operational setup designed for independent utility billing per apartment.

Key Highlights

• Small 8‑unit apartment complex with a unit mix of 2x 1‑bedroom, 4x 2‑bedroom, and 2x 3‑bedroom apartments
• All units are separately metered
• Each unit has its own electric water heater

Property Analytics

Property Profile

Current Use

Whispering Pine Apartment Building

Suggested Use

Top Pick Auto Parts Store Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Repair Shop Hair Salon

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

8

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

91

Businesses Nearby

Explore this area Business Placement

Demographics for 54174, WI

3,021

Population

2,482

Households

1.2

Avg Household Size

52

Median Age

15%

College-Educated

92%

High-School Grad

202.9 sq mi

ZIP Area

15

Density / Sq Mi

$71,774

Median Household Income

$41,672

Median Earnings

$828

Median Rent

$178,400

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 - Small 8-unit apartment complex with separately metered electric and individual electric water heaters.

Where is this apartment building located?

The property is located at 406 N Barkman Street Suring, WI.

What are key features of this property?

This property features: Small 8‑unit apartment complex with a unit mix of 2x 1‑bedroom, 4x 2‑bedroom, and 2x 3‑bedroom apartments; All units are separately metered; Each unit has its own electric water heater