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Property profile & analytics
OFF-MARKET
Estimated value
$4,140,000
Apartment buildings
711 Bay Shr Dr Oshkosh, WI 54901-5218
Entity Owned
Free & Clear
Property ID
US92-0920337
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2005
Total area
27,021 SF
Lot
1 ac (43,505 SF)
Zoning code
R5
APN
08-05860100
UPID
US92-0920337
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
Current use
Occupant on record · Public records
-
Lakeshore Manor Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.53M
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$4.14M
Owner & transaction history
Lakeshore Manor Memory Care LLC
Lakeshore Manor Memory Care LLC
since 2025
4 recorded transactions
Zoning & alternative use
R5 · Oshkosh, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City of Oshkosh, WI
Top alternative use upside
Restaurant
$3.5M
+33.0%
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%
$2,740,000
6.5%
$2,530,000
7%
$2,350,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,645,000
Current use
RESTAURANT
$3,520,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$2,630,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$4.14M
Range $3.73M – $4.55M · ±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
$153 / 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
$113,152
Tax year 2023
Assessed value
$3,804,200
Assessed 2023
Previous assessed
$3,804,200
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$434,900
Assessed improvement
$3,369,300
Land market value
$628,440
Improvement market value
$4,868,715
Total market value
$5,497,155
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
2005
Heating
NONE
Units
37
Total area
27,021 SF
Lot
1 ac (43,505 SF)
Zoning code
R5
APN
08-05860100
UPID
US92-0920337
Jurisdiction
WINNEBAGO
Zoning & alternative use
R5 · Oshkosh, WIZoning R5 · permitted uses
R5 · Oshkosh, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Oshkosh, WI
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.5M
OFFICE BUILDING
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
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
2005
Heating
NONE
Units
37
Lot
1 ac
Current owner
From public records · entity-resolved
Lakeshore Manor Memory Care LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8170 MCCORMICK BLVD STE #112, SKOKIE, IL 60076-2914
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Lakeshore Manor Memory Care LLC
Pack Lessor 1 LLC
Deed
—
Oct 27, 2022
—
Christopher & Joanna Schwersenska L
Christopher J Schwersenska
Deed
related
—
May 26, 2021
—
Lakeshore Oshkosh Senior Realty LLC
—
Deed
related
$1,400,000 · Ddwight Mezz Fund LLC
May 12, 2021
$6,560,000
Lakeshore Oshkosh Senior Realty LLC
Wisl Investments INC
Special Warranty Deed
$29,750,000 · Dwight Mortgage Trust LLC
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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