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Remodeled Apartment Building With Gym
For Sale
$1,235,000

N5275 County Rd NN, Pine River, WI 54965

Remodeled multifamily property with shared gym, laundry rooms, security, and fire-safety upgrades.

Property Size4,335 SF
Lot Size20.00 Acres
Price / SF$284.89
Days on Market470

Property Features for N5275 County Rd NN

General Information

Standard status Active
Size 4,335 SF
Lot size 20.00 Acres
Property subtype Multi Family / 1 story
Zoning Comm/Ag

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $13,805

Amenities

gym
kitchen
offices
playground equipment
security system
fire safety system
laundry rooms
coin-op machines
appliances included
Propane
Other
Personal property of sellers and tenants.
12 refrigerators, 12 stoves, 5 dishwashers, 4 washers, 4 dryers
4
12
3
5
1
Brick

Building Details

Year Built 1965
Units 12
Listing Agency: RE/MAX Preferred
Listed By: Scott Schroeder · License #59137-90
Source: Compass
Added: May 21, 2025 Changed: Aug 31 Last Checked: Aug 30 at 11:14AM

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 RE/MAX Preferred

Investment Insights

Based on property information with market context.

The property comprises 12 remodeled apartment units in a brick building originally constructed in 1965. Unit layouts vary by bedroom count and size, with appliances provided throughout. Former school-related improvements remain part of the property, including a gym, kitchen, offices, and playground equipment. Two separate laundry rooms contain coin-operated machines, while an updated security system and fire-safety system serve the building.

Set on 20 acres at N5275 County Rd NN in Pine River, Wisconsin, the property is zoned Comm/Ag. Existing tenants have lengthy leases in place, and the site includes four washers, four dryers, five dishwashers, 12 refrigerators, and 12 stoves. The acreage provides additional land beyond the apartment improvements.

Key Highlights

  • 12‑unit apartment property on 20 acres
  • Units have been totally remodeled with varied bedroom configurations
  • Former school improvements include a gym, kitchen, offices, and playground equipment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Restaurant Law Firm Bar & Pub Car Rental 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.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 54965, WI

1,457
Population
600
Households
2.4
Avg Household Size
51
Median Age
17%
College-Educated
93%
High-School Grad
59.3 sq mi
ZIP Area
25
Density / Sq Mi
$68,409
Median Household Income
$40,179
Median Earnings
$925
Median Rent
$189,800
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 - Remodeled multifamily property with shared gym, laundry rooms, security, and fire-safety upgrades.
Where is this apartment building located?
The property is located at N5275 County Rd NN Pine River, WI.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: 12‑unit apartment property on 20 acres; Units have been totally remodeled with varied bedroom configurations; Former school improvements include a gym, kitchen, offices, and playground equipment
More about this property
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