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0 Marian -1 - Oakhill Waterworks

600 SF Specialty Building Offered at $159,900 at a 11.51% Cap Rate in Edgerton, WI 53534

Investment Highlights

  • Water Utility Company
  • Great CAP Rate
  • Low Maintenance

Executive Summary

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of 10.89% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $159,900
Price Per SF $267
Sale Type Investment
Cap Rate 11.51%
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Utility Sub-Station
Building Class C
Lot Size 0.09 AC
Building Size 600 SF
No. Stories 1
Year Built/Renovated 1955/2018

About 0 Marian -1 , Edgerton, WI 53534

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 12% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 26435421

  • Date on Market: 8/18/2022

  • Last Updated:

  • Address: 0 Marian -1, Edgerton, WI 53534

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