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Investment Highlights

  • Classic brick construction providing character and durability.
  • Established tenant base with opportunities for rent growth.
  • Walkable location with nearby transit and downtown access.
  • Steps from UW Arboretum, retail, dining, and grocery options.
  • On-site laundry and updated interiors in select units.
  • Significant value-add opportunity in a high-demand rental corridor.

Executive Summary

Arboretum Arms Apartments offers investors an exceptional opportunity to acquire a well-located multifamily asset in Madison’s thriving rental market. Positioned within one of the city’s most desirable corridors, the property benefits from direct proximity to the University of Wisconsin, Edgewood College, and Lake Wingra. This location ensures consistent rental demand supported by neighborhood walkability, retail conveniences, and transit connectivity.
Constructed with historic brick architecture and featuring an established tenant base, Arboretum Arms presents stability coupled with value-add potential. Several units have undergone interior upgrades, and opportunities exist to optimize rents through targeted improvements. With its adjacency to the UW Arboretum’s greenspace and quick access to downtown Madison, this investment combines proven demand with operational upside rarely available in such a sought-after setting.
Sale Price: $5,300,000
Full Offering Memorandum available upon execution of an NDA.

Property Facts

Price $7,250,400 CAD
Price Per Unit $381,600 CAD
Sale Type Investment
No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.81 AC
Building Size 18,707 SF
No. Stories 3
Year Built 2000
Zoning TR-V2 - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 19 - 900
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0709-281-1406-9
Land Assessment
$188,784 CAD
Improvements Assessment
$1,123,538 CAD
Total Assessment
$1,312,322 CAD
  • Listing ID: 40496659

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 2821 Monroe St, Madison, WI 53711

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