Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the Nekoosa Multifamily Portfolio, a 42-unit investment offering consisting of Parkside Apartments and Woodlake Apartments in Nekoosa, Wisconsin. The two-property portfolio offers investors the opportunity to acquire rental housing serving both the general and senior populations within the same market. Both properties have had phenomenal historical occupancy throughout ownership and haven’t changed hands since 2005. Woodlake has also experienced very little ownership turnover, which limits a significant amount of cost. Parkside Apartments consists of 23 units situated on approximately 1.26 acres. Woodlake Apartments is a 19-unit senior apartment property situated on approximately 1.14 acres. Both properties were constructed in 1979. Properties have both had new roofs installed in the last two years. Parkside had a new water heater installed in 2025. Both properties have a Housing Assistance Payments (HAP) contract that can be renewed or removed at expiration to give new owners flexibility going forward. Located in central Wisconsin, Nekoosa offers residents access to employment, services and recreation throughout the Wisconsin Rapids area. The portfolio provides investors with the opportunity to acquire two multifamily properties with a combined 42 units and a mix of general and senior housing.