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Western Wisconsin SFR Portfolio

Discover a unique collection of 64-single-family homes, townhouses, and duplexes nestled in the vibrant communities of Somerset, New Richmond, and Linstrom, MN. The bulk of properties are in Somerset (46) and New Richmond (10) stand as beacons of growth in Western Wisconsin, boasting robust economic development, population expansion, and exceptional living standards. With a strategic distribution Beyond Somerset & New Richmond across key areas such as Linstrom (1), Osceola (1), Prescott (1), Roberts (2), and St. Croix Falls (3), this portfolio presents a unique opportunity to capitalize on the promising future of the Western Wisconsin real estate landscape.
The housing market in Somerset is very competitive, with a mix of price trends and inventory shifts that reflect both buyer interest and evolving seller strategies: - Median Price per Sq Ft: $200, up 10.5% from last year - Median Sold Price (June 2025): $380,000 Overall, the real estate market is dynamic, with demand for both residential and recreational properties. The popularity of the Apple River contributes to the desirability of real estate in the area.
The housing market in New Richmond is showing signs of moderate competitiveness, with a mix of rising prices and growing inventory that suggests a balanced environment for both buyers and sellers: - Median Listing Price: $399,900 - Median Price per Sq Ft: $215 Overall, the real estate market in New Richmond has seen considerable appreciation, reflecting the increasing demand for housing. Both residential and commercial properties are experiencing growth, making it a desirable location for investment.
>All offers and terms will be considered, and you may choose to purchase any combination of properties. >Respectable time and access for inspections will be given upon an accepted offer and during due diligence period. >No assumable debt financing available.

New Richmond and Somerset

New Richmond, often referred to as the "City Beautiful," is a growing community that balances its agricultural roots with modern amenities. Population Growth: New Richmond has experienced steady population growth, up nearly 9% since 2020, attracting new residents with its family-friendly environment and expanding job market. This growth is evident in new housing developments and community infrastructure projects. Job Growth: The town's economy is diversified, with growth in manufacturing, healthcare, and retail sectors. Local businesses and larger employers contribute to a consistent increase in job opportunities. It is projected at 37.1% over the next decade, outpacing the national averages. Economic Growth: New Richmond's economic landscape is robust, driven by a supportive business environment and strategic investments in infrastructure. This includes new commercial developments and the expansion of existing industries.
New Richmond boasts a high quality of life, characterized by its excellent school system, numerous parks, and community events. The city offers a variety of recreational activities, including golf courses, walking trails, and access to nearby lakes for water sports. New Richmond offers excellent schools, miles of trails, and a strong sense of community. The average household income is $97,176, and the poverty rate is low at 7.77%. It is a great example of a small town on the rise in all categories. New Richmond Heritage Center: A historical museum that preserves the town's rich past. 45th Parallel Distillery: A local distillery offering tours and tastings. Hat Trick Theatre: A community theater group providing local entertainment.
Somerset, known as the "Tubing Capital of the World," is a popular destination for outdoor recreation, particularly along the Apple River. Beyond its recreational appeal, Somerset is also a growing residential and commercial hub. Population Growth: Somerset has seen a notable increase in its population, marking a 10.15% increase since 2020, driven by its unique recreational offerings and proximity to larger metropolitan areas like Minneapolis and St. Paul. Job Growth: While tourism and hospitality are significant drivers, Somerset is also seeing job growth in service industries and small businesses that cater to both residents and visitors. Overall employment growth was 9.43% between 2022-2023. Economic Growth: The local economy benefits significantly from tourism, with many businesses catering to visitors seeking outdoor adventures. Additionally, retail and service sectors are expanding to meet the needs of the growing residential population.
Somerset offers a relaxed, youthful energy (median age 27.8), recreational lifestyle. Residents enjoy direct access to outdoor activities, community events, and a friendly, small-town atmosphere. The school district is highly well-regarded, adding to the town's appeal for families with a median household income of $76,176. It is a great example of a small town on the rise in all categories. Notable Landmarks and Entertainment Apple River: The primary attraction, famous for tubing and other water activities. Somerset Amphitheater: One of the Midwest’s largest outdoor music venues hosts national acts throughout the summer. Trollhaugen Ski Area (nearby): A popular destination for skiing and snowboarding in the winter.