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Peggy Acker-Farber

peggy@ackerfarberteam.com +1(608) 575-4600

$4,495,000

Est. payment - /mo

54 Beds

36 Baths

22.21 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment building

Listing Status Active

Purchase Type For Sale

Subdivision Meadows Edge Apartments

MLS Listing ID 7143165

Bedrooms 54

Year Built 2022

Tax Year 2025

Lot Size 22.210 Acres

Acres 22.21

Property Sub-Type Apartment building

Property Description

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Location

State WI

County Dunn

Zoning Lot,Residential-Multi-Family

Rooms

Basement None

Kitchen Kitchen Island

Interior

Interior Features Carpet, Ceiling Fan(s)

Heating Lp Gas

Cooling Central Air, Forced Air

Equipment Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Brick/Stone, Vinyl

Parking Features Attached, Carport

Garage Spaces 2.0

Roof Type Other,Shingle

Building

Dwelling Type Duplex - Side By Side,1 Story

Sewer Well, Mound, Drainfield

New Construction N

Schools

School District Elk Mound Area

Others

Acceptable Financing Other

Listing Terms Other

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Listed by Chippewa Valley Real Estate, L

NEARBY SCHOOL & BUSINESS

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Peggy Acker-Farber

+1(608) 575-4600

Broker Associate License ID: 43254-90

0 615th Avenue Elk Mound, WI 54739

Peggy Acker-Farber

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION