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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Apartment buildings
1205 Mason St Oshkosh, WI 54902-6256
Entity Owned
Free & Clear
Property ID
US92-1384425
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2012
Total area
45,960 SF
Lot
4.64 ac (202,200 SF)
Zoning code
MR-12-PD
APN
13-07370200
UPID
US92-1384425
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
Lake Watch Partners LLC
Lake Watch Partners LLC
since 2025
3 recorded transactions
Zoning & alternative use
MR-12-PD · Oshkosh, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
$28
Zone name
Multifamily Residential 12 Planned Development Overlay
General category
PLANNED_DEVELOPMENT
Zone area
377.89 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$4.6M
+10.4%
Office building
$4.5M
+6.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oshkosh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oshkosh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,660,000
6.5%
$4,300,000
7%
$3,995,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,200,000
Current use
COMMERCIAL (GENERAL)
$4,635,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$4,475,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$91,962
Tax year 2023
Assessed value
$3,092,300
Assessed 2023
Previous assessed
$3,092,300
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$266,300
Assessed improvement
$2,826,000
Land market value
$384,810
Improvement market value
$4,083,634
Total market value
$4,468,444
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Stories
2
Units
48
Total area
45,960 SF
Lot
4.64 ac (202,200 SF)
Zoning code
MR-12-PD
APN
13-07370200
UPID
US92-1384425
Jurisdiction
WINNEBAGO
Zoning & alternative use
MR-12-PD · Oshkosh, WIZoning MR-12-PD · permitted uses
MR-12-PD · Oshkosh, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
$28
Zone name
Multifamily Residential 12 Planned Development Overlay
General category
PLANNED_DEVELOPMENT
Zone area
377.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Heating
FORCED AIR
Stories
2
Units
48
Lot
4.64 ac
Current owner
From public records · entity-resolved
Lake Watch Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3808, OSHKOSH, WI 54903-3808
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Lake Watch Partners LLC
Fairfax Grandchildren LLC
Quitclaim Deed
related
—
Dec 30, 2025
$198,300
Green Duck LLC
Fairfax Tom LLC
Quitclaim Deed
related
—
Nov 18, 2024
$528,600
Fairfax Tom LLC
Deerfield Village LLC
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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