Brown County · Green Bay
Sell Your Commercial Property In Green Bay, WI
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Green Bay and across Brown County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: De Pere · Ashwaubenon · Allouez · Howard — Brown County, WI
Market Snapshot
Renter Demand In Green Bay
Green Bay, WI anchors a paper, food-processing and healthcare economy in Brown County. Renters occupy 42.1% of Green Bay homes in ACS 2020-2024 estimates.
Lower prices are the main draw for buyers. Green Bay's median home value is $207,200, or 22.3% below Wisconsin's $266,500, per ACS 2020-2024 data. Median gross rent is $932 a month, 14.3% below the state's $1,087.
Owners who want to sell multifamily property in Green Bay will find the figures buyers check first below. Rental vacancy was 4.7% in the ACS 2020-2024 housing profile. The 2025 net tax rate was $20.84 per $1,000 of assessed value.
If you plan to sell commercial property in Green Bay, WI, start with the data below. It covers renters, HUD FY2027 rents, apartment stock, Brown County property taxes and Wisconsin landlord rules. Skyline Capital Investments buys 5+ unit apartment buildings in Green Bay, De Pere, Ashwaubenon, Allouez and Howard.
Paper, food and manufacturing
Greater Green Bay's 2025 principal employers include American Foods Group (2,059), Green Bay Packaging (1,495), JBS (1,428) and Georgia-Pacific (1,400). The figures come from the City of Green Bay 2025 financial report.Healthcare and insurance payrolls
Bellin Health was Greater Green Bay's largest employer in 2025 with 5,131 workers. Humana listed 3,604 and United Healthcare 1,300, per the City of Green Bay 2025 financial report.Prices below state medians
Green Bay's median home value of $207,200 is 22.3% below Wisconsin's, and its $932 median gross rent is 14.3% lower, per ACS 2020-2024 estimates.Our Buy Box
What We Buy In Green Bay
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Green Bay Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Green Bay
Renters occupied 18,439 of 43,790 occupied Green Bay homes, or 42.1%, in ACS 2020-2024 estimates. Brown County's renter share is 34.0%, and Wisconsin's is 32.2%.
Green Bay holds 48.9% of Brown County's 37,727 renter households. Green Bay counted 106,253 residents and a median household income of $66,206 in ACS 2020-2024 data.
Suburbs add tenant demand. Per ACS 2020-2024 tenure data, Ashwaubenon's renter share is 40.2%, Howard's is 36.1% and De Pere's is 34.6%. Allouez is mostly owner-occupied, with 18.5% renters.
Healthcare and insurance anchor local jobs. Bellin Health employed 5,131 people and Humana 3,604 in 2025, per the City of Green Bay 2025 Annual Comprehensive Financial Report. United Healthcare listed 1,300 employees.
Paper and food processing remain large employers. American Foods Group listed 2,059 employees, Green Bay Packaging 1,495, JBS 1,428 and Georgia-Pacific 1,400 in the same 2025 schedule.
Green Bay rents and affordability
Green Bay's median gross rent is $932 a month in ACS 2020-2024 estimates. HUD's FY2027 two-bedroom fair market rent for the Green Bay, WI HUD Metro FMR Area is $1,287.
| Unit size | HUD FY2027 FMR, Green Bay, WI HUD Metro FMR Area |
|---|---|
| Efficiency | $979 |
| One-bedroom | $1,028 |
| Two-bedroom | $1,287 |
| Three-bedroom | $1,697 |
| Four-bedroom | $1,765 |
Source: HUD Fair Market Rents documentation, FY2027. The two-bedroom FMR sits $355 above Green Bay's all-unit median gross rent. Even the one-bedroom FMR of $1,028 is $96 higher.
Green Bay costs less than Wisconsin overall. Its median gross rent is $155, or 14.3%, below the state median of $1,087. Its median home value of $207,200 is 22.3% below Wisconsin's $266,500.
Cost burden is still real for tenants. In ACS 2020-2024 data, 42.9% of Green Bay renter households spent 30% or more of income on gross rent. That includes 21.1% who spent 50% or more.
Rental vacancy was 4.7% in Green Bay, per the ACS 2020-2024 housing profile. Brown County's rate was 3.5%, and Wisconsin's was 4.5%.
Green Bay apartment stock
Buildings with five or more units held 9,939 of 45,701 Green Bay housing units, or 21.7%, in ACS 2020-2024 data. Brown County's five-plus share is 20.4%, and Wisconsin's is 17.0%.
Large complexes are a smaller slice. Buildings with 50 or more units held 2,005 Green Bay homes, and buildings with 20 to 49 units held 1,966.
Green Bay's housing is older than the state's. In ACS 2020-2024 estimates, 65.4% of units were built before 1980, compared with 57.0% statewide. The median year built is 1971.
That age profile shapes due diligence. Anyone selling commercial property in Green Bay should have roof, boiler and electrical records ready for buyer inspections.
Property taxes in Brown County and Green Bay
Green Bay parcels in the Green Bay Area Public School District paid a net 2025 rate of $20.84 per $1,000 of assessed value. That rate appears in the Brown County Treasurer's 2025 Tax Rate Detail.
The gross rate was $22.71 before a $1.87 state tax credit. Green Bay's 2025 Combined Property Tax Report lists $10.11 for schools, $8.37 for the city, $3.51 for Brown County and $0.72 for NWTC.
Green Bay assessed property at 73.30% of equalized value for 2025, per the Treasurer's table. The 2025 financial report shows that ratio at 95.5% in 2022, the year of the citywide revaluation.
Worked example, assuming a building with a $2,000,000 market value is assessed at the 73.30% average ratio:
- Assessed value: $2,000,000 × 0.7330 = $1,466,000
- Annual net tax at the 2025 rate: $1,466,000 × 0.02084 = $30,551.44
- Effective rate on market value: about $15.28 per $1,000
- Same assessment at the 2024 net rate of $19.92: $29,202.72
A building assessed at a full $2,000,000 would owe $41,680 at the 2025 rate. Owners who sell commercial property in Green Bay, WI can hand buyers the actual bill to set carrying costs.
Nearby net rates on assessed value were lower for 2025. De Pere's East De Pere district paid $14.29, Ashwaubenon's district $14.79 and Howard's Howard-Suamico district $12.47.
The 2025 financial report notes that Wis. Stat. 70.05 requires assessed values within 10% of full value at least once in a 4-year period. For 2026, Open Book ran April 22 and the Board of Review met April 29.
Wisconsin charges the grantor a real estate transfer fee of 30 cents per $100 of value under Wis. Stat. 77.22(1). On a $2,000,000 sale, that fee is $6,000.
Landlord rules for Green Bay rentals
Wisconsin bars local rent control. Wis. Stat. 66.1015(1) says no city, village, town or county may regulate the amount of rent or fees charged for a residential rental dwelling unit.
ATCP 134.06(2) requires landlords to return security deposits within 21 days after the rental agreement ends, when the tenant leaves on that date. Buyers will ask which deposits transfer at closing.
For unpaid rent, Wis. Stat. 704.17 allows a 5-day pay-or-vacate notice for month-to-month tenants and leases of one year or less. Leases longer than one year require a 30-day notice. Ending a month-to-month tenancy takes at least 28 days' notice under Wis. Stat. 704.19(3).
Green Bay runs a nuisance abatement program under Ordinance Chapter 24 through its Police Department. Landlords at properties classified as a public nuisance must stop repeat problems or face citations and fines.
Green Bay Police also offer email alerts each time officers respond to an address you own. If you plan to sell commercial real estate in Green Bay, WI, a clean call history helps buyers underwrite the building.
What it means for a Green Bay apartment owner
Green Bay pairs a 42.1% renter share with rents 14.3% below the state median. HUD's $1,287 two-bedroom FMR sits $355 above that median gross rent.
Taxes deserve early attention. The net rate rose 4.61% for 2025, and the 73.30% ratio sits well below the 2022 revaluation level of 95.5%.
To sell your apartment building in Green Bay, start with a current rent roll, two years of operating statements and your 2025 tax bill. Then test pricing with our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings and can make an offer without a public listing. Owners ready to sell commercial property in Green Bay, WI can start on our sell my apartment building page.
Before You Sell
What Shapes A Green Bay Offer
More about selling in Wisconsin →Investing in Green Bay? See apartment syndications in Green Bay →
- Green Bay holds 48.9% of Brown County's 37,727 renter households, so most county apartment demand sits inside city limits, per ACS 2020-2024 estimates.
- Owners planning to sell commercial real estate in Green Bay, WI should pull their 2025 tax bill and rent roll before meeting buyers.
- Green Bay's assessment ratio fell from 95.5% after the 2022 revaluation to 73.3% for 2025, per the City of Green Bay 2025 financial report.
- Homes built before 1980 make up 65.4% of Green Bay housing units, compared with 57.0% statewide, per ACS 2020-2024 estimates.
Seller Guides
Your Situation, Handled — Green Bay
Learn More
Taxes & Rules For Green Bay Property
The Wisconsin rules that shape any deal in Green Bay: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Green Bay Seller FAQ
How do I sell commercial property in Green Bay, WI without listing it?
Start with a current rent roll, two years of operating statements and your 2025 tax bill from the Brown County system. A direct buyer can review those records and make an offer without a public listing. Also list every security deposit you hold, because ATCP 134.06(2) sets a 21-day return deadline. Clean records shorten due diligence and reduce price changes late in the deal.
Does Green Bay have rent control?
No. Wis. Stat. 66.1015(1) says no city, village, town or county may regulate the amount of rent or fees charged for a residential rental dwelling unit. Wisconsin's notice rules for unpaid rent and lease endings appear in Wis. Stat. ch. 704. Owners who sell multifamily property in Green Bay can show recent increases as part of the income record.
What are property taxes on a Green Bay apartment building?
Green Bay parcels in the Green Bay Area Public School District paid a net 2025 rate of $20.84 per $1,000 of assessed value. The average assessment ratio was 73.30%. At that ratio, a $2,000,000 market value means about $1,466,000 assessed and $30,551.44 in annual tax. The 2024 net rate was $19.92.
What transfer fee applies when I sell commercial real estate in Green Bay, WI?
Wisconsin imposes a real estate transfer fee on the grantor under Wis. Stat. 77.22(1). The rate is 30 cents for each $100 of value or fraction of $100. On a $2,000,000 sale, the fee is $6,000. Because the grantor is the seller, build the fee into your net proceeds when comparing offers from different buyers.
How do Green Bay rents compare with HUD fair market rents?
Green Bay's median gross rent was $932 a month in ACS 2020-2024 estimates. HUD's FY2027 fair market rent for a two-bedroom in the Green Bay, WI HUD Metro FMR Area is $1,287, and the one-bedroom figure is $1,028. Buyers often read that gap as room for rent growth in older buildings with below-market leases.
Will you buy a Green Bay property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Green Bay brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Green Bay, and we keep every conversation confidential.
Is it possible to sell rental property in Green Bay without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
What do I need to sell my apartment building in Green Bay?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
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Get An Offer Review In Green Bay
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
