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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
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 - -
Walk Score ®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 32781070

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 119 S Walnut St, Appleton, WI 54911

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