Exclusive Offering
482 Marion Oshkosh, WI 54901


No. of Beds


No. of Units


Year Built


No. of Beds


No. of Units


Year Built


Proximity to Campus


In-Unit Washer/Dryer / Fully Furnished

Newest, Closest and Largest Purpose-Built Student Housing in Oshkosh

Ideal Unit Mix with 100% Bed/Bath Parity

Immediately adjacent to UW Oshkosh (15,000 students)

Attractive, Modern Design with Market Leading Amenity Package

Strong Historic Occupancy with Immediate Rent Growth Embedded in Rent Roll

Interest-Bearing TIF in place

Pricing Will Be Significantly Below Replacement Cost

The Opportunity

Berkadia is pleased to present Annex of Oshkosh, an opportunity to acquire a newer-construction, well located, student apartment community totaling 140 units with 310 beds. Built in 2018 and located along the Fox River in Oshkosh, Wisconsin, the property is nearly 100% leased and ¼ mile from University of Wisconsin Oshkosh (15,000 students and 1,700 staff) and Fox Valley Tech – Oshkosh Campus (5,000 students) offering excellent walkability to campus. ​ In fact, Annex is the largest, newest, and nicest purpose built ​ student housing in Oshkosh.

Built in 2018, Annex of Oshkosh caters to the discerning student renter, offering fully furnished units with in-unit washer/dry, individually locking bedrooms, and full bed/bath parity for ultimate convenience and desirability. The property also boasts a best-in-market amenity package.

While Annex of Oshkosh is being offered without a formal asking price, it is expected to trade at well-below today’s estimated replacement cost. To replicate this product today would likely be in the range of $250,000 per unit.

While Annex of Oshkosh is being offered on a free and clear basis, it does include a long-term TIF, as well an assumable PACE loan. This will allow a buyer to take potentially maximize yields on their investment. Details on the TIF and PACE Loan can be found below and in the document center. The Berkadia debt team has also underwritten the property and would be happy to discuss some options for the acquisition.

Attractive, Modern Design

Built in the 2018, The Annex of Oshkosh was built with the discriminating renter in mind and offers spacious, attractive, and fully furnished units with full kitchens with microwaves, large, bright windows, well-appointed baths, in-unit washer dryers and great bed/bath ratios. In addition to the attractive units, the property offers an excellent amenity package including:

  • Modern clubhouse complete with a premium resident study lounge and coffee bar
  • Fitness Center
  • Central Grilling/Picnic Area
  • Multiple Private Study Areas
  • Two elevators
  • Bike Storage and Maintenance Area
  • Package Service
  • Secured Entrances
Location, Location, Location

Annex of Oshkosh is in the south-central portion of Oshkosh and just south of the University of Wisconsin – Oshkosh. Located only a mile off I-94, along Marion Road, the setting offers residents an easy walk to both the UW Campus and Fox Valley Technical College, one of the largest in the State. In addition, the property is also directly across the street from the Fox River and nearby Lake Winnebago. Residents are also within easy walking distance to shopping, restaurants, and numerous activities.

Oshkosh’s Vibrant Community

The property is only a few blocks from downtown Oshkosh. Set along the historic Fox River, the downtown area has been undergoing a renaissance in the last couple of decades with new office buildings, apartments, hotels and the renovation of historic buildings and shops. The area offers a unique shopping, business and entertainment district and is home to more than 100 shops, galleries, restaurants, night spots, museums, and cultural ​ destinations.

The Asset

Unit Amenities
  • Multiple, Fully Furnished Floor Plan Options with Private Bedrooms and Individual Bathrooms. Full Bed/Bath Parity
  • Beautifully Appointed with Wood-Style Flooring, Granite-Style Countertops, Black Frigidaire Appliance Package, Plush Bedroom Carpeting, Mini Blinds, and Modern Cabinetry and Lighting
  • Fully Equipped Kitchen with Electric Stove, Refrigerator, Dishwasher, Built-In Microwave, Double Basin Sink, Breakfast Bar, and Plenty of Cabinet and Counter Space
  • Bathroom with Tub and Shower Combination / Walk-In Shower
  • Generous Closet Space
  • In-Unit Washer and Dryer
  • Air Conditioning / Heating and High-Speed Internet
Community Amenities
  • Modern Clubhouse with Premium Resident Lounge, TV, Kitchen, and Coffee Bar
  • Fitness Center with Cardio and Weightlifting Equipment and Free Weights
  • Study Room
  • Elevators
  • Outdoor Picnic and Grilling Area
  • Bicycle Storage Room
  • On-Site Parking Available
  • Centrally Located and Easy Walking Distance of University of Wisconsin-Oshkosh
  • On the GO Transit Bus Line with a Stop in Front of the Property
  • Walking Distance to E. Steiger Park with Picnicking, Fishing, Riverfront Activities, and Biking / Walking Trails
  • Close to Fox River, Lakes, Shopping, Dining, and Numerous Entertainment Options

The Location

Bucky Tuition Promise

A tremendous opportunity for the new owner of Annex is a program under the University of Wisconsin System. First announced in February 2018, Bucky’s Tuition Promise is a commitment to Wisconsin resident students. The program guarantees scholarships and grants to pay for tuition & fees for students whose household adjusted gross income (AGI) is $60,000 or less. Incoming freshmen will receive eight (8) consecutive semesters (4 years) of free tuition & fees and transfer students will receive four (4) semesters (2 years). This creates a tremendous advantage for all the schools in the University of Wisconsin System including UWO both now and going forward!

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Berkadia Investment sales & Financing Team

Contact Us

Wisconsin Office

833 East Michigan Avenue

Suite 950

Milwaukee, WI 53202

Chicago Office

125 South Wacker Drive

Suite 400

Chicago, IL 60606

Detroit Office

28411 Northwestern Hwy, Ste 300
Southfield, MI 48034

Investment Sales
Ralp DePasquale

Managing Director



Jack Maloney





Senior Managing Director


Senior Managing Director

Richard G. Evans

Senior Director



Pete Evans

Senior Managing Director ​



Mortgage Banking
Jason Bond

Managing Director



Steve Skok

Managing Director




Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.

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