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Multifamily

St. Croix Falls & Centuria Apartments

144 E Kentucky St, Saint Croix Falls, WI 54024

Listing Price: $1,500,000

Cap Rate
6.27%
Number of Units
22
Price/Unit
$68,182

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of 144 E Kentucky Street, Saint Croix Falls and 501, 513, and 515 4th Street, Centuria, Wisconsin. The properties are being offered for sale on a free-and- clear basis. 144 E Kentucky Street sits on 0.17 acres and features eight 1-bedroom/ 1-bathroom units and three 2-bedroom/1-bathroom units. The property includes off-street parking and on-site laundry. St. Croix Falls is located in western Wisconsin, sits in Polk County and holds a population of roughly 2,000 people. While also located along Highway 8, which is one of the most heavily trafficked highways across the state, this side of the highway sees tens of thousands of cars per day. This city is known for the particularly scenic stretch of The St. Croix Valley, a popular destination where visitors and residents enjoy all it has to offer, nestled between St. Croix Falls, WI and its sister city Taylors Falls, MN. The Saint Croix Valley features parks, ample recreation, restaurants, shopping, and lodging. The city is also 7.5 miles from Centuria and 55 miles from Minneapolis- St. Paul, Minnesota. 501, 513, and 515 4th Street, in Centuria, sits on a combined 0.51 acres and neighbor each other. 501 4th Street features two 2-bedroom/1-bathroom units, and one 2-bedroom/2-bathroom unit. 513 4th Street features two 2-bedroom/1-bathroom units. 515 4th Street features four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Only 513 and 515 4th St include on-site laundry. Centuria is a Village located in western Wisconsin, the village also sits in Polk County, and is home to roughly 1,000 people. The community is located just minutes from Highway 8 and right off of Highway 35, which stretches as north as the Superior area. Only 7.5 miles from St. Croix Falls, residents are a quick drive to the many activities and retail shopping. St. Croix Falls and Centuria offer investors the opportunity to acquire well-maintained and stabilized properties located in Polk County, just north of Saint Croix County, one of the fastest growing counties in all of Wisconsin.

Investment Highlights

  • 12 – One Bedrooms | 10 – Two Bedrooms
  • Current Cap Rate Estimated at 6.27%
  • 7.5 Miles from St. Croix Falls

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Multifamily

St. Croix Falls & Centuria Apartments

Listing Price: $1,500,000

Cap Rate
6.27%
Number of Units
22
Price/Unit
$68,182

Investment Highlights

  • 12 – One Bedrooms | 10 – Two Bedrooms
  • Current Cap Rate Estimated at 6.27%
  • 7.5 Miles from St. Croix Falls

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of 144 E Kentucky Street, Saint Croix Falls and 501, 513, and 515 4th Street, Centuria, Wisconsin. The properties are being offered for sale on a free-and- clear basis. 144 E Kentucky Street sits on 0.17 acres and features eight 1-bedroom/ 1-bathroom units and three 2-bedroom/1-bathroom units. The property includes off-street parking and on-site laundry. St. Croix Falls is located in western Wisconsin, sits in Polk County and holds a population of roughly 2,000 people. While also located along Highway 8, which is one of the most heavily trafficked highways across the state, this side of the highway sees tens of thousands of cars per day. This city is known for the particularly scenic stretch of The St. Croix Valley, a popular destination where visitors and residents enjoy all it has to offer, nestled between St. Croix Falls, WI and its sister city Taylors Falls, MN. The Saint Croix Valley features parks, ample recreation, restaurants, shopping, and lodging. The city is also 7.5 miles from Centuria and 55 miles from Minneapolis- St. Paul, Minnesota. 501, 513, and 515 4th Street, in Centuria, sits on a combined 0.51 acres and neighbor each other. 501 4th Street features two 2-bedroom/1-bathroom units, and one 2-bedroom/2-bathroom unit. 513 4th Street features two 2-bedroom/1-bathroom units. 515 4th Street features four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Only 513 and 515 4th St include on-site laundry. Centuria is a Village located in western Wisconsin, the village also sits in Polk County, and is home to roughly 1,000 people. The community is located just minutes from Highway 8 and right off of Highway 35, which stretches as north as the Superior area. Only 7.5 miles from St. Croix Falls, residents are a quick drive to the many activities and retail shopping. St. Croix Falls and Centuria offer investors the opportunity to acquire well-maintained and stabilized properties located in Polk County, just north of Saint Croix County, one of the fastest growing counties in all of Wisconsin.

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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