102 Ridge Rd - Apartments FOR SALE


Osceola, WI 54020
$2,795,000 USD
715-495-2785
102 Ridge Rd, Osceola, WI for Sale
$2,795,000 USD
Apartments - FOR SALE
1/26
null | 6.7% Cap Rate

102 Ridge Rd
Osceola, WI 54020


HIGHLIGHTS

  • New Construction | 100% Occupied 12-Unit Multifamily Investment
  • $237,500 Annual Gross Rental Income | Stabilized Turn-Key Asset
  • Townhome-Style Living with Private Entrances & Attached Garages
  • Luxury Finishes Throughout | Hardwood Floors & In-Unit Laundry
  • No Interior Common Areas = Lower Operating Costs & Minimal Maintenance
  • Strong Cash Flow Opportunity in the Growing St. Croix Valley Market

OVERVIEW

Positioned in the growing community of Osceola, Wisconsin, this exceptional newly constructed 12-unit multifamily investment offers the rare opportunity to acquire a stabilized, turnkey asset with immediate cash flow. Fully leased at 100% occupancy, the property generates $237,500 in annual gross rental income, providing investors with strong in-place revenue from day one. Unlike traditional apartment complexes, this thoughtfully designed development offers residents the privacy and convenience of individual entrances, attached private garages, and no interior common areas. Each unit lives more like a townhome than an apartment, creating an attractive, low-maintenance rental product that appeals to today’s tenants while minimizing common area upkeep and operating expenses. Every residence features high-end finishes, beautiful hardwood flooring, and in-unit laundry, delivering the modern amenities renters expect and helping drive tenant satisfaction and long-term occupancy. Constructed to today’s building standards, the property offers the significant advantage of minimal deferred maintenance and reduced capital expenditure expectations for years to come. As demand for quality rental housing continues to grow throughout western Wisconsin and the St. Croix Valley, this asset is ideally positioned to benefit from both stable occupancy and long-term appreciation. Whether you’re completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a premium passive investment, this property delivers the ideal combination of dependable income, low-maintenance ownership, and long-term value. Investment opportunities featuring new construction, luxury finishes, private garages, townhome-style living, full occupancy, and immediate cash flow are increasingly difficult to find. This is a premier investment opportunity and a standout addition to any multifamily portfolio.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

12

PRICE/UNIT

$232,917

CAP RATE

6.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

102 Ridge Rd., Osceola, WI

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

165-00580-0000

ASK ABOUT THIS PROPERTY

Amber CernohousUltra Commercial RealtyMore Info
715-495-2785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Amber CernohousUltra Commercial RealtyMore Info
715-495-2785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.