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5-Unit Apartment Building

W771 Armstrong Road, Campbellsport, WI 53010

For Sale
New
$419,900

Five occupied units include a mix of one- and two-bedroom apartments and an efficiency.

Property Size4,984 SF
Price / SF$84.25
Days on Market4

Property Features for W771 Armstrong Road

General Information

Standard status Active
Size 4,984 SF
Occupancy 100%

Financials

Gross Income $41,160
Average Monthly Rent $686

Units

Unit Mix 1 x 2BR, 3 x 1BR, 1 x Efficiency
Multifamily Units 5
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Building Details

Year Built 1960
Buildings 1
Tenancy Multi
Listing Agency: Zellner Real Estate
Listed By: Jason M. Zellner · License WI #5923790
Source: Moving2greenbay
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 12:28PM

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 Zellner Real Estate

Rey
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Investment Insights

Based on property information with market context.

The 4,984-square-foot apartment building contains five units: one two-bedroom apartment, three one-bedroom apartments, and an efficiency. The lower level is used for storage, and four units have separate utility meters. The landlord currently pays utilities. Built in 1960, the property has a well and on-site paved parking, and is zoned Business District.

The Campbellsport property consists of two parcels. All five units are occupied by long-term tenants.

Key Highlights

  • Five occupied apartments: one two‑bedroom, three one‑bedroom, and one efficiency
  • 4,984‑square‑foot building constructed in 1960
  • Four units have separate utility meters; landlord pays utilities

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 53010, WI

7,497
Population
3,420
Households
2.2
Avg Household Size
47
Median Age
21%
College-Educated
95%
High-School Grad
104.6 sq mi
ZIP Area
72
Density / Sq Mi
$95,476
Median Household Income
$51,910
Median Earnings
$909
Median Rent
$276,400
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 occupied units include a mix of one- and two-bedroom apartments and an efficiency.
Where is this apartment building located?
The property is located at W771 Armstrong Road Campbellsport, WI.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Five occupied apartments: one two‑bedroom, three one‑bedroom, and one efficiency; 4,984‑square‑foot building constructed in 1960; Four units have separate utility meters; landlord pays utilities
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