725 Glacier Dr - Apartments FOR SALE


Altoona, WI 54720
$2,200,000 USD
715-829-6686
725 Glacier Dr, Altoona, WI for Sale
$2,200,000 USD
Apartments - FOR SALE
1/9
null | 6% Cap Rate

725 Glacier Dr
Altoona, WI 54720


HIGHLIGHTS

  • Opportunity to increase rents on 7 units within the next 12 months, supported by higher rents demonstrated at the adjoining identical property
  • Custom finishes
  • Located in an area of fast growing new development

OVERVIEW

Positioned in one of Altoona’s fastest-growing developments near the brand-new school and near the River Prairie Development, this 10-unit multifamily asset built in 2024 offers the ideal blend of modern design, tenant appeal, and long-term investment stability. This is just minutes from Eau Claire, WI. The unit mix features five spacious three-bedroom units and five well-appointed one-bedroom units—designed to capture a broad tenant base while maximizing rental demand. Each unit offers a highly sought-after private entrance and attached garage, delivering the feel of individual living with the efficiency of multifamily ownership. Built with today’s renter in mind, the property provides low-maintenance construction, modern finishes to include: Solid core doors and poplar stained trim Quartz countertops Thorcraft custom cabinets LVP flooring in all areas besides bedroom and interior stairway Electric fireplaces in each unit PTak heat and air units Trex decking with alumnium railings Sprinkler system lawn landscaping Stainless steel appliances included Blinds In-Unit laundry The property offers strong curb appeal in a location that continues to see residential and community growth. The proximity to Eau Claire, WI adds a major draw for tenants, supporting long-term occupancy and rent stability. Whether you’re expanding your portfolio or securing a newer, turnkey asset, this property stands out as a rare opportunity to own a high-quality, income-producing investment in a thriving Altoona market.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

10

PRICE/UNIT

$220,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

725 Glacier Dr, Altoona WI

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3 - Multiple Family Dist

APN/PARCEL ID

18201-2-270924-430-2040

ASK ABOUT THIS PROPERTY

Darin VoegeliUltra Commercial RealtyMore Info
715-829-6686

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Darin VoegeliUltra Commercial RealtyMore Info
715-829-6686

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