Sheboygan County · Sheboygan
Sell Your Commercial Property In Sheboygan, WI
We are an active buyer of Sheboygan commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- 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
Areas We Target: Sheboygan Falls · Kohler · Plymouth · Howards Grove — Sheboygan County, WI
Why Sheboygan
Why We Buy Multifamily In Sheboygan
Sheboygan is a Sheboygan County city of 49,645 residents on Lake Michigan, per ACS 2020-2024 estimates. Renters hold 39.1% of its occupied homes, and median household income is $62,927. Median gross rent is $924 a month, well below the Wisconsin median of $1,087. Kohler Co.'s Whistling Straits golf resort, Sargento Foods in nearby Plymouth, and Froedtert's Northeast Medical Group anchor the local economy. This profile covers HUD fair market rents, the 2025 Sheboygan tax rate, Wisconsin's transfer fee and landlord rules for owners ready to sell commercial property in Sheboygan, WI.
Kohler golf resort
Kohler Co.'s Whistling Straits course on Sheboygan's Lake Michigan shore hosted PGA Championships in 2004, 2010 and 2015.Sargento Foods jobs
Sargento Foods, founded in 1953, employs about 1,800 people at its Plymouth, Wisconsin headquarters in Sheboygan County.Regional medical network
Froedtert's Northeast Medical Group runs nine locations with 41 physicians across Sheboygan and Manitowoc Counties as of mid-2025.Our Buy Box
What We Buy In Sheboygan
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
Sheboygan Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Sheboygan
Renters occupy 39.1% of Sheboygan homes, or 8,358 of 21,361 occupied units, under ACS 2020-2024 estimates. Units in buildings of five or more apartments make up 20.6% of the local housing stock, and the median year built is 1959. Nearly 40% of Sheboygan homes predate 1980, so older systems factor into renovation budgets for owners who sell multifamily property in Sheboygan.
Sheboygan rents and affordability
Sheboygan's median gross rent is $924 a month under ACS 2020-2024 estimates, $163 below the Wisconsin median of $1,087. HUD's FY2027 fair market rents for the Sheboygan, WI MSA range from $813 for an efficiency to $1,575 for a four-bedroom unit. About 36.2% of Sheboygan renters paid 30% or more of income on rent, a gap buyers weigh when they sell commercial real estate in Sheboygan, WI.
| Unit size | HUD FY2027 FMR, Sheboygan, WI MSA |
|---|---|
| Efficiency | $813 |
| One-bedroom | $918 |
| Two-bedroom | $1,168 |
| Three-bedroom | $1,392 |
| Four-bedroom | $1,575 |
Source: HUD Fair Market Rents, FY2027.
Property taxes in Sheboygan County: the Sheboygan rate
Sheboygan's 2025 effective full-value tax rate was $14.38 per $1,000, with a gross rate of $15.44 and a 97% assessment level, per the Wisconsin Department of Revenue 2025 Town, Village and City Taxes report. On a $2,000,000 building, that level puts assessed value near $1,940,000 and net tax at $28,760 a year. Wisconsin's transfer fee of 30 cents per $100 adds $6,000 at closing, a cost owners who sell commercial property in Sheboygan, WI should model upfront.
Landlord rules for Sheboygan rentals
Wisconsin law preempts local rent control: Wis. Stat. 66.1015(1) bars cities, villages, towns and counties from regulating residential rent amounts. Landlords have 21 days to return a security deposit under ATCP 134.06(2), and a tenant who misses rent can get a 5-day notice to pay or vacate under Wis. Stat. 704.17(1p)(a). Ending a periodic tenancy in Sheboygan takes at least 28 days' notice under Wis. Stat. 704.19(3).
What it means for a Sheboygan apartment owner
Sheboygan's rental vacancy rate was 3.2% in ACS 2020-2024 estimates, tight enough that buyers model quick lease-up after closing. Kohler Co.'s Whistling Straits golf course sits on Sheboygan's Lake Michigan shoreline, and Froedtert's Northeast Medical Group runs nine locations with 41 physicians across Sheboygan and Manitowoc Counties, alongside Sargento Foods jobs based in nearby Plymouth. Before you sell your apartment building in Sheboygan, pull twelve months of rent rolls and the 2025 tax bill into our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings directly, so owners ready to sell commercial property in Sheboygan, WI can start on our apartment building sale page.
Local Knowledge
Pricing Your Building In Sheboygan
More about selling in Wisconsin →Investing in Sheboygan? See apartment syndications in Sheboygan →
- Wisconsin's Department of Revenue set Sheboygan's 2025 assessment level at 97%, close to full market value.
- Wisconsin's rent-control ban means owners who sell commercial real estate in Sheboygan, WI face no rent cap.
- Selling commercial property in Sheboygan also means paying Wisconsin's grantor-paid transfer fee of 30 cents per $100.
Seller Guides
Your Situation, Handled — Sheboygan
Learn More
Taxes & Rules For Sheboygan Property
The Wisconsin rules that shape any deal in Sheboygan: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Sheboygan Seller FAQ
What transfer fee applies when I sell commercial property in Sheboygan, WI?
Wisconsin charges a real estate transfer fee of 30 cents per $100 of value under Wis. Stat. 77.22, paid by the grantor. On a $2,000,000 Sheboygan apartment sale, the fee comes to $6,000 at closing, separate from the property tax bill.
What records do I need to sell commercial real estate in Sheboygan, WI?
Gather twelve months of rent rolls, the 2025 tax bill, current leases and the security deposit ledger. ATCP 134.06(2) requires deposits back within 21 days after a tenancy ends, so buyers in Sheboygan review those records closely.
What property tax will a buyer model for a Sheboygan apartment building?
Sheboygan's 2025 effective rate was $14.38 per $1,000, per the Wisconsin Department of Revenue. A $2,000,000 building would carry about $28,760 at that rate, with assessed value near $1,940,000 at the city's 97% assessment level.
How high are Sheboygan apartment rents?
Median gross rent in Sheboygan was $924 a month in ACS 2020-2024 estimates, below the $934 Sheboygan County figure and the $1,087 state median. HUD's FY2027 two-bedroom fair market rent for the Sheboygan, WI MSA is $1,168, and 36.2% of renters paid 30% or more of income on rent.
Does Wisconsin rent control affect Sheboygan apartment owners?
No. Wis. Stat. 66.1015(1) bars Wisconsin cities, villages, towns and counties from regulating residential rent amounts. Landlords end a periodic tenancy with at least 28 days' notice under Wis. Stat. 704.19(3), and a tenant who misses rent can get a 5-day notice to pay or vacate.
Will you buy a Sheboygan 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.
How does a sale to you work in Sheboygan County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Sheboygan with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Sheboygan?
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.
Submit A Deal
Have A Property In Sheboygan?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
