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Hemlock & Eagle Woods Apartments
Asset ClassMultifamily
% Leased100%
# Buildings: 6# Units: 48Land: 5.14 AcresAccess Data Room
48 Total Units Across 2 Well-Maintained Communities in Jackson, WI
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Overview

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.

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Investment Highlights

  • 48-unit garden-style apartment portfolio comprised of two well-maintained communities in Jackson, Wisconsin
  • 100% occupied with a desirable two-bedroom unit mix averaging approximately 981 SF
  • Demonstrated rent growth opportunity with renovated units achieving rents of approximately $1,600/month
  • Significant recent capital improvements completed, including full roof replacements and parking lot improvements
  • Tenant-paid electric heat, air conditioning, and water/sewer support an efficient operating profile and low expense ratio
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W201N16619 Hemlock StJackson, WI 53037
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