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Property profile & analytics
OFF-MARKET
Apartment buildings
206 Maple Ave Waukesha, WI 53186-4725
Entity Owned
Free & Clear
Property ID
US92-0907489
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
1,284 SF
Lot
0.19 ac (8,276 SF)
Zoning code
RM-1
APN
WAKC1308477
UPID
US92-0907489
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wjm Ventures LLC
Wjm Ventures LLC
since 2026
Last sale
$160,000
3 recorded transactions
Zoning & alternative use
RM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 ac
Source
Realmo
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 Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,493
Tax year 2023
Assessed value
$166,100
Assessed 2023
Previous assessed
$144,400
+15.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$56,700
Assessed improvement
$109,400
Total market value
$171,964
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
1900
Heating
HOT WATER
Cooling
NONE
Stories
2
Units
4
Rooms
5
Bathrooms
1
Total area
1,284 SF
Lot
0.19 ac (8,276 SF)
Zoning code
RM-1
APN
WAKC1308477
UPID
US92-0907489
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-1 · Waukesha, WIZoning RM-1 · permitted uses
RM-1 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family units; and 5.5 dwelling units per net acre for single family dwellings
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
4
Rooms
5
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Wjm Ventures LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 214, WAUKESHA, WI 53187-0214
Ownership since
2026
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
Jan 2, 2026
$160,000
Wjm Ventures LLC
Eastland Holdings LLC
Warranty Deed
—
Dec 15, 2025
$70,000
Eastland Holdings LLC
Michael Kilkenny Attorney
Personal Rep. Deed
—
Dec 15, 2025
—
Ramona A Morehouse
Lloyd William Morehouse
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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