Building Details

Tenancy Multi

Listing Agency: Altus Commercial Real Estate d***@altuscre.com Show Phone

Listed By: Daniel G. Roseliep · License #WI 90-54620

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:23PM

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Investment Insights

Based on property information with market context.

The property consists of two well-maintained, 100% leased 4-unit condo buildings. Each unit is equipped with central air and natural gas furnaces, with tenants paying separately metered utilities. One of the buildings includes an exposed full lower level.

The buildings are located near parks and a conservation area in Jefferson County’s fastest-growing community, positioned with equal distance between Madison and Milwaukee.

In addition to the two existing condo buildings, there is additional entitled condo land available for up to 48 units across 12 buildings.

Key Highlights

• Two well‑maintained, fully leased 4‑unit condo buildings for a total of 8 units
• Each unit has central air and natural gas furnaces
• Tenants pay separately metered utilities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Pharmacy

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

95

Businesses Nearby

Explore this area Business Placement

Demographics for 53038, WI

4,372

Population

1,644

Households

2.7

Avg Household Size

40

Median Age

30%

College-Educated

94%

High-School Grad

30.9 sq mi

ZIP Area

141

Density / Sq Mi

$93,333

Median Household Income

$46,304

Median Earnings

$1,147

Median Rent

$298,700

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?

Quadplex - Two well-maintained, fully leased 4-unit condo buildings feature central air and separate utility metering.

Where is this quadplex located?

The property is located at 435 Hillary Circle Johnson Creek, WI.

What are key features of this property?

This property features: Two well‑maintained, fully leased 4‑unit condo buildings for a total of 8 units; Each unit has central air and natural gas furnaces; Tenants pay separately metered utilities