
Pine Creek II Apartments
Multifamily | 4 Units
Marketing description
Marcus and Millichap is pleased to present Pine Creek II, a newly constructed four -unit multifamily community located in Wisconsin Dells, Wisconsin. The property offers condo -quality finishes within a private, wooded setting on the west end of Lake Delton, providing residents with a quiet, residential atmosphere while maintaining close proximity to the area’s major attractions, employment centers, and retail amenities. Pine Creek II benefits from direct access to I -90/94, offering efficient regional connectivity and enhancing long term renter demand.
Pine Creek II is comprised of four spacious, three - bedroom apartment homes, each featuring one full bathroom and one half bath. Units range from 1,256 to 1,272 square feet and currently achieve market rents of approximately $2,000 to $2,700 per month. Each residence includes a private entrance, natural gas heating, central air conditioning, in -unit washer and dryer, a stainless -steel appliance package, a full bath with tub and shower, a half bath, and a private two -car attached garage. Interior finishes include vinyl flooring throughout the main living areas, carpeting in the bedrooms, granite countertops in both kitchens and bathrooms, walk -in closets, and private patios, delivering a high -quality living experience consistent with newer construction.
Tenants are responsible for electricity, gas, internet, telephone, and cable, while ownership covers water and sewer, trash collection, lawn care, and snow removal, providing a low -maintenance operating profile. The property allows pets under a one dog and one cat per unit policy, subject to breed restrictions. A $250 pet deposit and $35 per month pet rent applies, and tenants with pets are required to carry renter’s insurance.
Investment highlights
- 6.45% CAP Rate
- New Construction
- Private Entries and Private Attached Two-Car Garages
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