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Multifamily

Fond Du Lac Apartments

150 E 1st St, Fond du Lac, WI 54935

Listing Price: $465,000

Cap Rate
7.28%
Number of Units
7
GRM
6.95
Occupancy
97.0%
Price/Unit
$66,429
Price/Gross SF
$72.66
Gross SF
6,400

Investment Overview

Marcus & Millichap is pleased to offer the Fund Du Lac Apartments, a seven-unit property situated just
outside of downtown Fond Du Lac. The property consists of two buildings with a favorable unit mix of five
one bedroom, one two-bedroom one-bath, and one studio apartment. Unit features include high ceilings,
generous living room, dining area, and ample storage spaces. The kitchens have been renovated with
updated appliances, cabinets, and counters. Additional amenities such as on-site laundry facilities,
enclosed garage spaces, and just two blocks from main street enhance the appeal of these apartments.

Fond Du Lac is a city in and the county seat of Fond Du Lac County, Wisconsin, United States. The
population was 44,678 at the 2020 census. The city forms the core of the Fond Du Lac metropolitan
statistical area, which includes all of Fond Du Lac County. Fond Du Lac County, Wisconsin's population
increased nine out of 12 years between 2010 and 2022. Major Employers include Ahern Construction,
National Exchange Bank & Trust, and Holiday Automotive. Property is in close proximity to St. Agnes
Hospital, Fond Du Lac Public Library, Hamilton Park, and Downtown Fund Du Lac.

Investment Highlights

  • Spacious Units with Value-Add Potential in Renovations
  • Stabilized Property, Currently 100 Percent Occupied
  • Located in Close Proximity to Downtown

Exclusively Listed By

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Multifamily

Fond Du Lac Apartments

Listing Price: $465,000

Cap Rate
7.28%
Number of Units
7
GRM
6.95
Occupancy
97.0%
Price/Unit
$66,429
Price/Gross SF
$72.66
Gross SF
6,400

Investment Highlights

  • Spacious Units with Value-Add Potential in Renovations
  • Stabilized Property, Currently 100 Percent Occupied
  • Located in Close Proximity to Downtown

Investment Overview

Marcus & Millichap is pleased to offer the Fund Du Lac Apartments, a seven-unit property situated just outside of downtown Fond Du Lac. The property consists of two buildings with a favorable unit mix of five one bedroom, one two-bedroom one-bath, and one studio apartment. Unit features include high ceilings, generous living room, dining area, and ample storage spaces. The kitchens have been renovated with updated appliances, cabinets, and counters. Additional amenities such as on-site laundry facilities, enclosed garage spaces, and just two blocks from main street enhance the appeal of these apartments. Fond Du Lac is a city in and the county seat of Fond Du Lac County, Wisconsin, United States. The population was 44,678 at the 2020 census. The city forms the core of the Fond Du Lac metropolitan statistical area, which includes all of Fond Du Lac County. Fond Du Lac County, Wisconsin's population increased nine out of 12 years between 2010 and 2022. Major Employers include Ahern Construction, National Exchange Bank & Trust, and Holiday Automotive. Property is in close proximity to St. Agnes Hospital, Fond Du Lac Public Library, Hamilton Park, and Downtown Fund Du Lac.

Exclusively Listed By

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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