Entity Owned 
For Sale
1 / 60
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
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.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
