• 152-Unit multi-family asset completed in two phases in 2005 & 2021
• Turn-Key operation in extremely supply constrained market
• Physical value-add potential available on original units constructed in 2005
• Variety of one & two bedroom floor plans

Timber Ridge

152-Unit multi-family best in class asset located in Waupaca, WI – home to more than 50,000 residents in the county. The apartment complex was built in two phases in 2005 and 2021 with a wide variety of one & two bedroom floor plans. Phase I consists of 96 units and Phase II consists of 56 units.

Timber Ridge is a turn-key operation in an extremely supply constrained market. There is a value-add opportunity available on the original units constructed in 2005. This asset is being offered free and clear.

Located halfway between Stevens Point and the Appleton/Oshkosh region, occupancy in both these areas is at or above 95%. The same can be said about Waupaca’s strong occupancy.

Waupaca, WI

Waupaca is a town with a lot to offer as residents can relax in the beauty of the natural local landscape while being part of a vibrant local community downtown. The nearby Chain O’Lakes and the outdoors in general are a huge asset to the community, particularly through a lively tourism sector that remains busy in winter and summer. The local economy is also anchored by the manufacturing industry, the Waupaca Foundry alone employs roughly 1,800 people in the area and has recently undergone an expansion. The healthcare sector employs around 700 individuals in the city as well, making up around 10% of the local workforce.

Conveniently located just 40 minutes to the northwest of Oshkosh and Appleton and only 30 minutes to the southeast of Stevens Point, Waupaca serves as a central location bridging the gap between other major metropolitan areas of the Fox Valley region. Given its central location in the region, residents can access major employment and entertainment centers with an aggregate population of more than 1,000,000 residents within an hour.