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The Heights - Student Housing 202 17th Ave W 53 Unit Apartment Building $7,000,000 ($132,075/Unit) Menomonie, WI 54751
Executive Summary
Premier 171-bed student housing community directly adjacent to University of Wisconsin-Stout offered at $7,000,000 ($40,936 per bed). Built in 2020, this Class A four-story property provides 53 fully furnished units on 1.9 acres with 155 surface parking spaces serving UW-Stout's 7,000-student enrollment base. Property features exceptional amenities including rooftop patio, outdoor pool, multiple study rooms, game room, and conference room addressing the competitive student housing landscape.
Currently 69.6% occupied with strong pre-leasing momentum at 64% for the upcoming 2026-27 academic year, demonstrating consistent demand from UW-Stout's polytechnic student population. The university's career-focused academic model and specialized programs create stable enrollment patterns supporting predictable housing demand. Menomonie serves as the university's primary market with high percentage of students requiring off-campus housing beyond freshman year. Immediate value-add opportunities through occupancy optimization and continued lease-up for upcoming academic year.
Currently 69.6% occupied with strong pre-leasing momentum at 64% for the upcoming 2026-27 academic year, demonstrating consistent demand from UW-Stout's polytechnic student population. The university's career-focused academic model and specialized programs create stable enrollment patterns supporting predictable housing demand. Menomonie serves as the university's primary market with high percentage of students requiring off-campus housing beyond freshman year. Immediate value-add opportunities through occupancy optimization and continued lease-up for upcoming academic year.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Wi-Fi
- Handrails
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
- Tenant Controlled HVAC
- Breakfast/Coffee Concierge
- Furnished Units Available
- Gameroom
- Grill
- Renters Insurance Program
- Storage Space
- Bicycle Storage
- Conference Rooms
- Hearing Impaired Accessible
- Maintenance on site
- Multi Use Room
- Online Services
- Sundeck
- Vision Impaired Accessible
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Roommate Matching
- Study Lounge
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 530 |
| 2+1 | 16 | - | 790 |
| 4+2 | 34 | - | 1,207 |
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Fairly walkable
40/100
Moderately drivable
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1725122813342300023 | Improvements Assessment | $6,201,200 |
| Land Assessment | $188,500 | Total Assessment | $6,389,700 |
Property Taxes
Parcel Number
1725122813342300023
Land Assessment
$188,500
Improvements Assessment
$6,201,200
Total Assessment
$6,389,700
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The Heights - Student Housing | 202 17th Ave W
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