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Multifamily

10 Townhome Portfolio

413 E Cheyenne St, Roberts, WI 54023

Listing Price: Request For Offer

Occupancy
100.0%

Investment Overview

Marcus & Millichap is pleased to present this exclusive investment opportunity for an
investor to acquire a multi-family investment portfolio comprised of Ten (10) townhomes
located in Roberts, Wisconsin. Each resident has an attached 2-car garage, green space,
onsite postal boxes, off-street parking, covered front porch, and concrete pad behind their
townhome. In addition, all residents have the convenience of being close to downtown. All
townhomes are 3 Bedroom/2 Bathrooms and built in 2018-2019. Modern interiors and
quality builds. The two value-add opportunities in this investment is to reassign
lawn/snow responsibility to the tenant and also, to continue pushing rents close to HUD's
Fair Market Rent for 2025 in Saint Croix County of $2,244. Broker projection of increase in
rent from current annual scheduled rent of $224,700 to $231,750 based on rent
comparables and accelerated rent improvements in the area. Roberts is located in St.
Croix County, which as of recent years, has been one of the fastest growing counties
throughout the entire state of Wisconsin. What was once considered a farm town, Roberts
is now considered a fast-growing community and an extension of the Minneapolis-Saint
Paul MSA. The 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 this community is evident as both out-of-state
and out-of-area investors are investing capital to Roberts, as a result of increasing
property values and improving NOl's. Approximately 40 miles from Minneapolis-Saint
Paul.

Investment Highlights

  • This is an exclusive investment opportunity for an investor to acquire a multi-family investment portfolio comprised of Ten (10) townhomes located in Roberts, Wisconsin.
  • Broker projection of increase in rent from current annual scheduled rent of $224,700 to $231,750.
  • Approximately 40 miles from Minneapolis-Saint Paul.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Multifamily

10 Townhome Portfolio

Investment Highlights

  • This is an exclusive investment opportunity for an investor to acquire a multi-family investment portfolio comprised of Ten (10) townhomes located in Roberts, Wisconsin.
  • Broker projection of increase in rent from current annual scheduled rent of $224,700 to $231,750.
  • Approximately 40 miles from Minneapolis-Saint Paul.

Investment Overview

Marcus & Millichap is pleased to present this exclusive investment opportunity for an investor to acquire a multi-family investment portfolio comprised of Ten (10) townhomes located in Roberts, Wisconsin. Each resident has an attached 2-car garage, green space, onsite postal boxes, off-street parking, covered front porch, and concrete pad behind their townhome. In addition, all residents have the convenience of being close to downtown. All townhomes are 3 Bedroom/2 Bathrooms and built in 2018-2019. Modern interiors and quality builds. The two value-add opportunities in this investment is to reassign lawn/snow responsibility to the tenant and also, to continue pushing rents close to HUD's Fair Market Rent for 2025 in Saint Croix County of $2,244. Broker projection of increase in rent from current annual scheduled rent of $224,700 to $231,750 based on rent comparables and accelerated rent improvements in the area. Roberts is located in St. Croix County, which as of recent years, has been one of the fastest growing counties throughout the entire state of Wisconsin. What was once considered a farm town, Roberts is now considered a fast-growing community and an extension of the Minneapolis-Saint Paul MSA. The 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 this community is evident as both out-of-state and out-of-area investors are investing capital to Roberts, as a result of increasing property values and improving NOl's. Approximately 40 miles from Minneapolis-Saint Paul.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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