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725 Glacier Dr, Altoona WI 725 Glacier Dr 10 Unit Apartment Building $2,200,000 ($220,000/Unit) 6% Cap Rate Altoona, WI 54720



Investment Highlights
- Opportunity to increase rents on 7 units within the next 12 months, supported by higher rents demonstrated at the adjoining identical property
- Located in an area of fast growing new development
- Custom finishes
Executive Summary
Positioned in one of Altoona’s fastest-growing developments near the brand-new school and near the River Prairie Development, this 10-unit multifamily asset built in 2024 offers the ideal blend of modern design, tenant appeal, and long-term investment stability. This is just minutes from Eau Claire, WI.
The unit mix features five spacious three-bedroom units and five well-appointed one-bedroom units—designed to capture a broad tenant base while maximizing rental demand. Each unit offers a highly sought-after private entrance and attached garage, delivering the feel of individual living with the efficiency of multifamily ownership.
Built with today’s renter in mind, the property provides low-maintenance construction, modern finishes to include:
Solid core doors and poplar stained trim
Quartz countertops
Thorcraft custom cabinets
LVP flooring in all areas besides bedroom and interior stairway
Electric fireplaces in each unit
PTak heat and air units?
Trex decking with alumnium railings?
Sprinkler system lawn landscaping
Stainless steel appliances included
Blinds
In-Unit laundry
The property offers strong curb appeal in a location that continues to see residential and community growth. The proximity to Eau Claire, WI adds a major draw for tenants, supporting long-term occupancy and rent stability.
Whether you’re expanding your portfolio or securing a newer, turnkey asset, this property stands out as a rare opportunity to own a high-quality, income-producing investment in a thriving Altoona market.
The unit mix features five spacious three-bedroom units and five well-appointed one-bedroom units—designed to capture a broad tenant base while maximizing rental demand. Each unit offers a highly sought-after private entrance and attached garage, delivering the feel of individual living with the efficiency of multifamily ownership.
Built with today’s renter in mind, the property provides low-maintenance construction, modern finishes to include:
Solid core doors and poplar stained trim
Quartz countertops
Thorcraft custom cabinets
LVP flooring in all areas besides bedroom and interior stairway
Electric fireplaces in each unit
PTak heat and air units?
Trex decking with alumnium railings?
Sprinkler system lawn landscaping
Stainless steel appliances included
Blinds
In-Unit laundry
The property offers strong curb appeal in a location that continues to see residential and community growth. The proximity to Eau Claire, WI adds a major draw for tenants, supporting long-term occupancy and rent stability.
Whether you’re expanding your portfolio or securing a newer, turnkey asset, this property stands out as a rare opportunity to own a high-quality, income-producing investment in a thriving Altoona market.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Wi-Fi
- Yard
- Deck
- Dining Room
- Double Pane Windows
- Family Room
- Framed Mirrors
- Island Kitchen
- Lawn
- Patio
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 5 | - | - |
| 1+1 | 5 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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725 Glacier Dr, Altoona WI | 725 Glacier Dr
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