420-436 College Ave - Dormitory FOR SALE


De Pere, WI 54115
$6,150,000 USD
920-619-6009
420-436 College Ave, De Pere, WI for Sale
$6,150,000 USD
Dormitory - FOR SALE
1/53
null | Request Cap Rate

420-436 College Ave
De Pere, WI 54115


HIGHLIGHTS

  • Located adjacent to St. Norbert College
  • Unique floor plans with modern finishes
  • Excellent walkability to beautiful downtown DePere
  • Secure underground heated parking, as well as ample surface parking.

OVERVIEW

NAI Pfefferle, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase 54 unit, college affiliated, student apartment buildings that are adjacent to St. Norbert College. This property provides investors with the opportunity to acquire an asset with upside. Investment Summary • Located adjacent to St. Norbert College • Unique floor plans with modern finishes • Excellent walkability to beautiful downtown De Pere • Secure underground heated parking, as well as ample surface parking. • Approximately 20 years old • New boiler in 2022 Total SF: 58,320 SF Site Area : 1.67 acres Total Parcel #: WD-657 Stories: 3 Units: 54 (30) One bedroom / (24) Two bedroom Year Built: 2004 Unit Breakdown: (30) 1-bedroom, one bath (580 SF) (24) 2-bedroom, two bath (1,136 SF) Amenities: Air-conditioned; balconies; underground heated parking; laundry facilities; dishwashers; gas fire places; wheelchair accessible (ADA compliant) Elevator: Each floor is accessed via one four-stop elevator with two stairwells Foundation: Poured concrete Frame: Wood Exterior Walls: Masonry Floors: Wood, carpet, tile HVAC: Gas heat; A/C units Sprinkler: Wet system Plumbing: Gas water heaters Electrical: One meter for each unit; LED lighting in each unit.

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

54

PRICE/UNIT

$113,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Family Housing Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2004

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,631 SF

ZONING

-

APN/PARCEL ID

WD-657

ASK ABOUT THIS PROPERTY

Tom FiskNAI PfefferleMore Info
920-619-6009

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Tom FiskNAI PfefferleMore Info
920-619-6009

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