119 S Walnut St
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119 S Walnut St
6 Unit Apartment Building $559,999 ($93,333/Unit) 8.61% Cap Rate Appleton, WI 54911
Investment Highlights
- Garage space included for tenant use.
- Downtown location convenient to public transit.
Executive Summary
Rare opportunity! Downtown Appleton 6 apartment units and 1 commercial warehouse space. Includes a garage and ample parking. 8%+ cap rate. Majority of apartments have been remodeled. Sections of the roof were replaced/repaired within last two years, masonry was repaired.
Property Facts
Price | $559,999 | Building Class | C |
Price Per Unit | $93,333 | Lot Size | 0.17 AC |
Sale Type | Investment | Building Size | 6,632 SF |
Cap Rate | 8.61% | Average Occupancy | 100% |
No. Units | 6 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 2000/2024 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Price | $559,999 |
Price Per Unit | $93,333 |
Sale Type | Investment |
Cap Rate | 8.61% |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 6,632 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 2000/2024 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Oven
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 5 | - | - |
3+1 | 1 | - | - |
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Number | 31-3-1017-00 | Improvements Assessment | $126,500 |
Land Assessment | $89,400 | Total Assessment | $215,900 |
PROPERTY TAXES
Parcel Number
31-3-1017-00
Land Assessment
$89,400
Improvements Assessment
$126,500
Total Assessment
$215,900
zoning
Zoning Code | CBD, G2 (Mercantile) |
CBD, G2 (Mercantile) |
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119 S Walnut St
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