Investment Overview

Marcus and Millichap is pleased to present the Golden Acres Apartments at 100 Sunset Avenue in the Village of Soldiers Grove, Crawford County, Wisconsin. The property comprises a 1.22-acre parcel improved with a 16-unit apartment building. It was constructed in 1982 and contains 10,534 square feet (per assessor's report). It has a vinyl siding exterior with pitched metal roof covering. The apartment building consists of all 1-bedroom/1 bath units. Each unit includes a refrigerator and stove. Most units also include a sleeve air conditioner. All units have private entrances. The majority of the exterior doors and windows have been replaced. The tenants pay for their own electric. The owner pays for common area electric, water and sewer. All 16 tenants are under a Section 8 rental assistance program (through WHEDA). The owner stated that all units were inspected (around June 2023) and approved. According to the property owner, plans have been approved (by the state) to build out (2) two additional 1-bedroom/1 bath units.