415 Fulton St, Waupaca, WI 54981
Description of 415 Fulton St, Waupaca, WI 54981
EXTENSIVELY RENOVATED | RENTAL UPSIDE | NEAR-7 PRO FORMA CAP RATE - Fulton Street Estates offers investors a stabilized 24-unit multifamily asset in Waupaca with significant recent capital improvements, remaining rent growth, and exposure to a high-demand rental market. Local apartment communities demonstrate consistently strong occupancy, while Waupaca's stable employment base and sizable senior population support long-term demand. Ownership has completed major upgrades including new roofs, windows, siding, concrete, doors, plumbing, tubs/showers, common areas and exteriors, while 17 units have interior renovations and 15 have new air conditioning. In-place rents remain below market, offering a clear path to NOI growth and a pro forma cap rate approaching 7.
Property Features of 415 Fulton St, Waupaca, WI 54981
Multi Family
1975
1.29
Features
| Middle school: Waupaca |
| High school: Waupaca |
| Vinyl siding |
| Brick exterior |
| Lot acreage is: 1.29 |
| Lot sqft: 56192.4 |
| Lot zoned: R-3 |
| Public sewer |
| Public water |
| Tenant expenses: Electricity |
| For sale |