Hemlock / Eagle Woods Apartments presents the opportunity to acquire a stabilized 48-unit multifamily portfolio located in the Village of Jackson, Wisconsin. The offering consists of two well-maintained apartment communities totaling 47,088 square feet across 5.14 acres and features a highly desirable 100% two-bedroom unit mix averaging approximately 981 square feet. The Property is currently 100% occupied and offers investors stable in-place cash flow within one of Southeastern Wisconsin's strongest suburban multifamily markets.
The portfolio provides meaningful upside through continued rent growth, with average in-place rents of approximately $1,256 per unit compared to demonstrated rents of $1,600 per unit in renovated units. Ownership has completed significant recent capital improvements, including full roof replacements and parking lot improvements, while a highly efficient tenant-paid utility structure helps support a low operating expense ratio and strong long-term cash flow performance.