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44-Unit Apartment Complex
For Sale
$6,600,000

726 FLORIDA Street, Sturgeon Bay, WI 54235

Five-building multifamily property with detached garage parking and a mix of two- and three-bedroom units.

Property Size9,900 SF
Price / SF$666.67
Days on Market87

Property Features for 726 FLORIDA Street

General Information

Standard status Active
Size 9,900 SF
Total Parking Spaces 46
Property subtype Multi Family

Additional Details

Multifamily Units 44

Taxes and HOA fees

Annual Taxes $61,327

Building Details

Building Size 9,900 SF
Year Built 2019
Buildings 5
Listing Agency: Resource One Realty, LLC
Listed By: Bobbie R. Hendricks · License #91-700983
Source: C21ace
Added: Aug 10 Changed: Oct 31 Last Checked: Nov 3 at 3:09PM

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 Resource One Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Constructed in 2019, this multifamily property comprises five apartment buildings with 44 units in Sturgeon Bay. The unit mix includes end apartments with three bedrooms and 1.5 baths, along with interior apartments offering two bedrooms and one bath. Each building has its own water softener, while heating and cooling are provided by one-unit boilers and water heaters.

The property includes 46 detached garage stalls. Residents pay gas and electric, and the landlord covers water and sewer. Leases run for one year before converting to month-to-month terms. A sprinkler system is installed at one of the buildings.

Key Highlights

  • 44 units across 5 apartment buildings
  • Unit mix includes 3‑bedroom, 1.5‑bath end units and 2‑bedroom, 1‑bath middle units
  • 46 detached garage stalls

Property Analytics

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Lease Details

44
Residential units

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 54235, WI

17,829
Population
11,835
Households
1.5
Avg Household Size
51
Median Age
32%
College-Educated
96%
High-School Grad
190.3 sq mi
ZIP Area
94
Density / Sq Mi
$68,141
Median Household Income
$44,238
Median Earnings
$998
Median Rent
$267,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five-building multifamily property with detached garage parking and a mix of two- and three-bedroom units.
Where is this apartment building located?
The property is located at 726 FLORIDA Street Sturgeon Bay, WI.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 44 units across 5 apartment buildings; Unit mix includes 3‑bedroom, 1.5‑bath end units and 2‑bedroom, 1‑bath middle units; 46 detached garage stalls
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