825 Wisconsin St Oshkosh, WI 54901-4390
This exceptional 24-unit multifamily investment property, located at 825 Wisconsin St, Oshkosh, WI 54901, presents a compelling opportunity. The property, classified as Class B, boasts 92 beds spread across two, three-story buildings situated on a 0.84-acre lot. Built in 1991, the property offers significant upside potential. Recent improvements include new roofs on both buildings and carports completed in 2023, along with renovations to most units within the last two years. Currently operating as an apartment building, the property's proximity to the University of Wisconsin Oshkosh (UWO) makes it easily adaptable for student housing, potentially increasing cash flow. The asking price is $3,600,000, representing a price per unit of $150,000 and an attractive 8.00% cap rate. This property offers a strong track record of rental income and high occupancy rates, making it an ideal addition to any investor's portfolio. The property is located in Winnebago County and features a convenient Oshkosh address. This is a turnkey investment opportunity with significant potential for growth and return. The property's strong performance history, coupled with recent upgrades and its strategic location, makes it a truly compelling investment. Don't miss this chance to acquire a well-maintained, high-performing multifamily asset in a desirable Wisconsin location.
MR-20-UTO district intended to create, preserve, and enhance areas for multi- family uses in small and mid-sized buildings at higher densities, up to 20 dwelling units per acre. The purpose of this district is to provide the opportunity for slightly higher density residential uses within traditional residential neighborhoods that are in close proximity to th…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MR-20-UTO · Oshkosh, WIMR-20-UTO district intended to create, preserve, and enhance areas for multi- family uses in small and mid-sized buildings at higher densities, up to 20 dwelling units per acre. The purpose of this district is to provide the opportunity for slightly higher density residential uses within traditional residential neighborhoods that are in close proximity to the University of Wisconsin-Oshkosh campus area.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.