Investment Overview

Marcus & Millichap is pleased to present this exclusive investment opportunity for an investor to acquire a diverse multi-family investment portfolio comprised of Forty-Two (42) units located in Hudson, Wisconsin. Of the 42 units, the unit mix consists of the following: Thirty-Four (34) Two-Bedroom/One-Bathroom units, Four (4) Two-Bedroom/One-and-a-half-Bathroom townhome- style units, and Four (4) One-Bedroom/One-Bathroom units. Fourteen (14) residents have assigned garages, each property has it's own off-street parking. In addition, all residents have the convenience of being close to their respective downtown areas, access to business/commerce, and/or parks/recreation, as well as ease of travel to the Twin Cities. Virtual showings for each building can be made to the listing agent, upon request; however, the tour dates are To Be Determined by said listing agent and only available upon request to the listing agent. All tours and site visits are to be approved by the listing agent so as to not disturb the seller or the residents. In brief, the properties have had many renovations to the units, as well as a number of capital improvements over the course of the current seller's ownership tenure. Upon discussions with the listing agent and a request, a request of capital improvements may be made available to qualified investors-only. Overall, the properties are a combined value-add for increasing rents to fair market as well as some minor value-add per unit turnover in order to achieve premium rents. With HUD's Fair Market Rent for 2025 in St. Croix County currently set for $1,685 in a 2-Bedroom unit paired with the current average of this portfolio's monthly rent in a 2-bedroom being $1,338, there's certainly room to increase rent in order to maximize value of the portfolio. Broker projection of increase in rent from current annual scheduled rent of $669,000 to $714,600 based on rent comparables and accelerated rent improvements in the area. With all 42 of the units being located in St. Croix County, which as of recent years has been one of the fastest growing counties throughout the entire state of Wisconsin, this subject portfolio is also located in an area considered to be an extension of the Minneapolis-Saint Paul MSA. This thriving community is home to many residents that take advantage of the affordable cost of living, the ease of travel to the Twin Cities metro for employment and events, as well as various recreational amenities that're local such as parks, rivers, and lakes. The accelerated level of development in St. Croix County is evident since out-of-state and out-of-area investors are moving capital into this this community, as a result of increase property values and improving NOl's. The entire portfolio is located between 20-30 minutes from Minneapolis-Saint Paul.