985 Wood RdKenosha, WI 53144
Orchard Courts Apartments
Asset ClassMultifamily
# Units160
160-Unit Multifamily Property in Kenosha, Wisconsin
Overview
Marcus & Millichap is pleased to present the opportunity to acquire Orchard Courts Apartments, a 160-unit property located in Kenosha, Wisconsin.
This investment offers an investor the opportunity to purchase a well-maintained asset constructed in the 1960s from a long term owner with significant rental upside.
Investment Highlights
AVG SF
570
Year Built
1967
- Significant Rental Upside through as-is Rent Increases or Unit Renovation
- Capital Improvements Totaling $1,100,000 Over the Past 24 Months, including Eight Boilers, Windows, Sliding Glass Doors, and Majority of Roofs
- Adjacent to University of Wisconsin – Parkside
- Six Miles to Downtown Kenosha, offering Local Dining and Shopping, the Kenosha Metra Station and Simmons Island Beach
- Spacious, Park-Like Apartment Community
- Includes Approximately 20 Acres of Additional Land for Potential Future Development
- Average Household Income within One Mile is $107,574
Photo Gallery
985 Wood RdKenosha, WI 53144
Route 31, Route 32 and Route 195
Lake Michigan which Features Lakefront Marina, HarborPark and Seasonal Trolleys
Kenosha Public Museum, Civil War Museum, Kemper Center and Pritzker Military Museum & Library
Carthage College and Gateway Technical College – Kenosha Campus
Bradford High School, Bullen Middle School, and Bose Elementary School
Sam Poerio Park, Petrifying Springs Park, and Hawthorn Hollow Nature Sanctuary and Arboretum
Kenosha Country Club and Petrifying Spring Golf Course
Piggly Wiggly and Subway
Exclusively Listed By
Andrean AngelovSenior Managing Director Investments(847) 212-5328andrean.angelov@marcusmillichap.com
Listing provided by Revere CRE