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Scottsdale Apartments 205-235 W Calumet St 96 Unit Apartment Building $9,500,000 ($98,958/Unit) Appleton, WI 54915
INVESTMENT HIGHLIGHTS
- 96 total units across 12 buildings with consistent 2-bedroom / 1-bath floor plans
- Additional income stream from coin-operated laundry generating approximately $100–$200 per building per month
- Well-maintained infrastructure
- Stabilized asset with no delinquent tenants and an average of two or fewer vacancies per month
- Value-add upside with rents unchanged this year, allowing new ownership to implement increases
EXECUTIVE SUMMARY
This well-maintained apartment complex in Appleton, Wisconsin presents a rare opportunity to acquire a large, stabilized multifamily asset that has been built, owned, and meticulously cared for by the original ownership. The property consists of twelve (12) eight-unit apartment buildings and two garage buildings totaling fifty-six (56) garage stalls, spread across twelve tax parcels.
All units are spacious 2-bedroom, 1-bath layouts, and the property has historically maintained low vacancy and near zero tenant delinquency. Centrally located within the Fox Valley, the complex offers convenient access to downtown Appleton, major employers, and area amenities. With no rent increase implemented in the current year, new ownership has immediate upside potential through future rent adjustments.
All units are spacious 2-bedroom, 1-bath layouts, and the property has historically maintained low vacancy and near zero tenant delinquency. Centrally located within the Fox Valley, the complex offers convenient access to downtown Appleton, major employers, and area amenities. With no rent increase implemented in the current year, new ownership has immediate upside potential through future rent adjustments.
PROPERTY FACTS
| Price | $9,500,000 | Building Class | C |
| Price Per Unit | $98,958 | Lot Size | 4.72 AC |
| Sale Type | Investment | Building Size | 90,312 SF |
| No. Units | 96 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1987 |
| Apartment Style | Garden | ||
| Zoning | PDD | ||
| Price | $9,500,000 |
| Price Per Unit | $98,958 |
| Sale Type | Investment |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.72 AC |
| Building Size | 90,312 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1987 |
| Zoning | PDD |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Patio
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 96 | - | 925 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,646,300 | |
| Land Assessment | $576,000 | Total Assessment | $7,222,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$576,000
Improvements Assessment
$6,646,300
Total Assessment
$7,222,300
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Scottsdale Apartments | 205-235 W Calumet St
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