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Listed by Dan Bowar • Marcus & Millichap-Milwaukee
$ 1,650,000
Est. payment | /mo
0.87 Acres Lot
$ 1,650,000
Est. payment | /mo
0.87 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1977639
Year Built 2000
Annual Tax Amount $8,908
Tax Year 2025
Lot Size 0.870 Acres
Acres 0.87
Property Description
Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.
Location
State WI
County Waupaca
Zoning R-2
Rooms
Basement None
Interior
Heating Hot Water/Steam
Cooling Hot Water/Steam
Flooring No
Exterior
Exterior Feature Brick
Parking Features Indoor Space, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
Middle Schools New London
School District New London
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