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206 Linda BlvdGreenwood, WI 54437
Riverside Crossing Apartments
Asset ClassMultifamily
% Leased95%
# Units: 64# Buildings: 4Land: 5.68 AcresAccess Data Room
Newer-Vintage 64-Unit Multifamily Community
overview of deal

Overview

Riverside Crossing Apartments offers investors the opportunity to acquire a newer-vintage, 64-unit multifamily community in Greenwood, Wisconsin. Built in 2023, the property features a desirable mix of one- and two-bedroom units with in-unit laundry, private patios or balconies, and a strong parking ratio including detached garages.

 

The asset combines day-one income with straightforward upside through continued lease-up and natural rent growth. With current occupancy around 95% and in-place rents below indicated market levels, Riverside Crossing presents a compelling opportunity to acquire a well-positioned workforce housing asset in a supply-constrained Central Wisconsin market.

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Investment Highlights

  • Newer-vintage 64-unit multifamily community built in 2023.
  • Approximately 95% occupied, providing immediate in-place cash flow with remaining stabilization upside.
  • Average in-place rents of roughly $863/unit trail indicated market rents of about $994/unit, creating a clear mark-to-market opportunity.
  • Attractive 1BR/2BR unit mix with in-unit laundry, private outdoor space, and 64 garages plus surface parking.
  • Located in a limited-supply workforce housing market supported by steady local and regional demand drivers.
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206 Linda BlvdGreenwood, WI 54437
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