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Timberwolf Suites 1636 N 3rd Ave 68 Unit Apartment Building $6,550,000 ($96,324/Unit) 7.16% Cap Rate Wausau, WI 54401



Investment Highlights
- Only student housing on campus (no dorms or any other student specific housing)
- Individual Bathrooms and each unit has Kitchen or Kitchenette
- Enrollment at college of 5,939 students
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
- Elevator
- Maintenance on site
- Roommate Matching
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | 338 |
| 1+1 | 15 | - | 338 - 672 |
| 2+1 | 33 | - | 672 |
| 2+1.5 | 4 | - | 725 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 291-2907-232-0962 | Improvements Assessment | $5,213,000 |
| Land Assessment | $742,600 | Total Assessment | $5,955,600 |
Property Taxes
Parcel Number
291-2907-232-0962
Land Assessment
$742,600
Improvements Assessment
$5,213,000
Total Assessment
$5,955,600
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Timberwolf Suites | 1636 N 3rd Ave
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