Multifamily Property for Sale in Wisconsin Dells, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Wisconsin Dells, WI 53965

Description

Marcus and Millichap is pleased to present Pine Creek II, a newly constructed four-unit multifamily community located in Wisconsin Dells, Wisconsin. The property offers condo-quality finishes within a private, wooded setting on the west end of Lake Delton, providing residents with a quiet, residential atmosphere while maintaining close proximity to the area’s major attractions, employment centers, and retail amenities. Pine Creek II benefits from direct access to I-90/94, offering efficient regional connectivity and enhancing long term renter demand. Pine Creek II is comprised of four spacious, three-bedroom apartment homes, each featuring one full bathroom and one half bath. Units range from 1,256 to 1,272 square feet and currently achieve market rents of approximately $2,600 to $2,700 per month. Each residence includes a private entrance, natural gas heating, central air conditioning, in-unit washer and dryer, a stainless-steel appliance package, a full bath with tub and shower, a half bath, and a private two-car attached garage. Interior finishes include vinyl flooring throughout the main living areas, carpeting in the bedrooms, granite countertops in both kitchens and bathrooms, walk-in closets, and private patios, delivering a high-quality living experience consistent with newer construction. Investment Highlights: • 6.92% CAP Rate • New Construction • Private Entries and Private Attached Two-Car Garages

Market Context

This multifamily in Wisconsin Dells, WI is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Wisconsin Dells, WI — <a href="/search/sale/multifamily/wisconsin/wisconsin-dells">view the full market</a>.

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