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Property summary
This exceptional 30-unit apartment building in Wisconsin Rapids, WI, presents a compelling investment opportunity. Priced at $2,100,000, this stabilized multifamily property boasts a substantial NOI of $140,000 and a 6.67% cap rate. The 12,519 square foot complex sits on a 2.19-acre lot and includes six buildings constructed between 1953 and 1989. The property features a mix of unit types, including a 3-bedroom apartment, sixteen kitchenette units, two kitchenette suites, and eleven… traditional motel units, catering to diverse tenant needs. Recent upgrades include new furnishings, water heaters, windows, and upgraded insulation in many units. High-speed WiFi is available throughout, and many units feature updated flooring. Keyless door access enhances convenience for residents. The property also includes 57 parking spaces and an outdoor pool. Located on a high-traffic corner, it offers excellent visibility and proximity to shopping and dining. The permitted zoning is commercial. Individual unit amenities include refrigerators, ranges, dishwashers, washers, and dryers (some units/common area). Heating is electric (baseboard and wall furnace), and cooling is provided by wall/sleeve air conditioning units. Electric water heaters are installed. This property offers a blend of modern amenities and a convenient location, making it an attractive investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.19 ac
- APN
- 3414191
- Assessed value · 2023
- $540,000
- Annual tax · 2023
- $15,460
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $15,460
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Wisconsin Rapids market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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