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Executive Summary

Turn Key Apartments with New Roofs, Siding and Common Areas finishes– The
apartments located at 201 & 207 Weed Street in Fox Lake, WI
are comprised of 24 units in two two-story buildings. Landlord
pays for utilities and there are owner-owned on-site laundry machines,
carports, and storage units. Tenant pays Electric, Water & Sewer Utility. Landlord pays heat and hot water through central gas boilers and gas hot water heaters.
The buildings were built in 1977. There are 15 One-Bed 1 Bath units (Approx. 700 SF) and 9 Two-Bed 1 Bath Units (Approx. 850 SF)

Attachments

Property Parcel Map_Fox Ridge Apts
Rent Roll - March 2026 - Fox Ridge - Loopnet
Income Statement - Trailing 12 - Fox Ridge - 4.1.25-3.31.26
Proforma_Fox Ridge Apts

Property Facts

Price $2,616,000
Price Per Unit $109,000
Sale Type Investment
Cap Rate 6.03%
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.13 AC
Building Size 22,190 SF
No. Stories 2
Year Built 1977
Parking Ratio 9.19/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Freezer
  • Patio
  • Smoke Free
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Storage Space
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 $899.00 700
2+1 9 $969.00 850
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
226-1313-2634-023
Land Assessment
$96,000
Improvements Assessment
$437,900
Total Assessment
$533,900
  • Listing ID: 40061294

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 201 Weed St, Fox Lake, WI 53933

Contact the Sale Advisor

Fox Ridge | 201 Weed St

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