Investment Overview

Marcus & Millichap is pleased to present Beacon Avenue Apartments, a 10-unit multifamily community located at 840 E Beacon Avenue in New London, Wisconsin. Constructed in 2000, the property comprises approximately 10,000 square feet and offers a desirable mix of apartment living and townhome-style residences. Two units feature townhome layouts with attached garages, while the remaining residents benefit from detached garage parking, providing an attractive amenity seldom found in smaller multifamily assets. The property's brick exterior and 2000s-vintage construction contribute to its long-term durability and appeal, while professional management has helped maintain stable operations and tenant satisfaction. Tenants are responsible for water, sewer, and trash expenses, helping to reduce operating costs and enhance cash flow. Located within an established residential area of New London, the property benefits from consistent rental demand driven by the area's small-town character, local employment base, and convenient access to community amenities. Overall, Beacon Avenue Apartments offers investors a stable multifamily opportunity with strong long-term ownership fundamentals.