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Additional details
Listed by Keller Williams Green Bay
$17,600,000
Est. payment /mo
148,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 148,000 sqft
Price per Sqft $118
Municipality NEENAH
MLS Listing ID 50304873
Year Built 1954
Annual Tax Amount $107,312
Lot Size 17.250 Acres
Property Description
Park Place Holdings is pleased to present an outstanding opportunity to acquire Marathon Flats, a premier 55+ apartment community with two additional commercial spaces in Neenah, Wisconsin. This newly redeveloped 55+ multi-family community offers 61 fully renovated apartment units, 42 storage units, 56 garages, and two commercial spaces, including a long-term lease with Kimberly-Clark. Positioned on 17.25 acres, the property underwent a transformative adaptive reuse conversion in 2023-2024, capitalizing on the growing demand for high-quality, affordable housing for seniors. The excess land allows for future development of additional units, ask for details. Call for more details.
Location
State WI
County Winnebago
Zoning I2
Rooms
Basement None / Slab, Partial
Interior
Cooling Other, Electric, Gas
Building
Sewer Municipal Water, Municipal Sewer
Structure Type Stone
New Construction N
Schools
School District Neenah
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