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514 Mcevoy Street

Tripp & Associates Acquires Riverwood Apartments MultiFamily For $3.95M In Mauston Wisconsin
SOLDMultiFamily

Tripp & Associates Acquires Riverwood Apartments MultiFamily For $3.95M In Mauston Wisconsin

514 Mcevoy Street

$3,950,000

Units

32

Asset Type

MultiFamily

Closing

Aug 13, 2026

AI

The property asset involved in the transaction is a multifamily community located at 514 McEvoy Street, Mauston, WI. The sale, facilitated by CBRE, was finalized at a price of $3,950,000. This fully occupied multifamily community spans 3.24 acres and consists of 32 units, translating to a per unit price of $123,438.

Summary of transaction details:

The transaction involved key individuals and companies, with Tripp & Associates acting as the buyer and Riverwood Apartments, LLC as the seller. CBRE played a pivotal role in arranging the sale, connecting both parties to facilitate this real estate transaction.

Players

Sean Beuche

CBRE

Broker

$338.6M

vol

14 deals

Broker
Tripp & Associates
Tripp & AssociatesBuyer

Mauston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.02%

Cash-on-Cash

-1.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93