401 N Washington St - Apartments FOR SALE


Green Bay, WI 54301
$16,500,000 USD
773-954-0942
401 N Washington St, Green Bay, WI for Sale
$16,500,000 USD
Apartments - FOR SALE
1/99
null | 6.89% Cap Rate

401 N Washington St
Green Bay, WI 54301


HIGHLIGHTS

  • 100% OCCUPIED CLASS A ASSET
  • WATERFRONT CITY CENTER LOCATION
  • FITNESS CENTER
  • GARAGE PARKING
  • DOG RUN
  • ON-SITE MANAGER

OVERVIEW

HomeSmart Connect real estate is proud to offer City Deck Landing. An 81 Unit mixed-used building located in the heart of Downtown Green Bay, WI. The property is 100% occupied and there is pride in ownership. With an Onsite manager and maintenance technician, the property has been maintained to pristine condition. The property was constructed in 2017 along the beautiful waterfront City Deck boardwalk in booming Green Bay. City Deck Landing has all the modern amenities that today's tenants expect including a fitness center, new wifi throughout, garage parking, stunning roof top terrace, dog run, security entry, in-unit laundry, fitness center, laundry delivery services, package delivery, elevator, coffee shop, convenience store, on-site management and maintenance services, and centrally located in the heart of water sports, dinning, shopping, schools and even Lambeau Field - Home of the NFL's Green Bay Packers! This asset is turn key and ready for a new owner to step into a finely tuned machine, but also increase revenue with rent increases and the continued implementation of processing fees (first full month - non-refundable). The current ownership even received an award for the positive impact and successful operation of the property. There are (4) retail tenants and (77) residential apartments. Please find the property Offering Summary, Rent Roll and T-12 attached in the Documents section. This is as good as it gets!

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

81

PRICE/UNIT

$203,704

CAP RATE

6.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CityDeck Landing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2017

PARKING SPACES

82

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

Commercial

APN/PARCEL ID

12-184-A

ASK ABOUT THIS PROPERTY

Sean DaileyHomeSmart ConnectMore Info
773-954-0942

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Sean DaileyHomeSmart ConnectMore Info
773-954-0942

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