506 Forest Home Dr | Francis Creek, WI 54214
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506 Forest Home Dr
Francis Creek, WI 54214
Multi Family & Value Add Commercial Space · Multifamily Property For Sale · 13 Units
Investment Highlights
- Excellent Value Add Opportunity for Vacant Supper Club Space (Event Rentals)
- Updates in the last 10 years include: furnaces, siding, windows, water heaters, roofing and a 200 ft deep water well.
- Strong rental history with longer term tenancies.
- Excellent Value Add Opportunity by converting studio apartments into larger two bedroom apartments.
- Lower than market rent currently acheived- increases likely.
- Additional Rents: 3 garage rentals (Two 1 Stall / One 2 Stall) / Coin Laundry
PROPERTY FACTS
No. Units | 13 | Lot Size | 1.34 AC |
Property Type | Multifamily | Building Size | 15,360 SF |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1900 |
Building Class | C | Parking Ratio | 2.08/1,000 SF |
No. Units | 13 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.34 AC |
Building Size | 15,360 SF |
No. Stories | 2 |
Year Built | 1900 |
Parking Ratio | 2.08/1,000 SF |
Unit Amenities
- Refrigerator
- Oven
- Range
- Basement
Site Amenities
- Walking/Biking Trails
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 8 | $275.00 | - |
Links
PROPERTY TAXES
Parcel Number | 32-014-011-014.00 | Improvements Assessment | $143,000 |
Land Assessment | $29,700 | Total Assessment | $172,700 |
PROPERTY TAXES
Parcel Number
32-014-011-014.00
Land Assessment
$29,700
Improvements Assessment
$143,000
Total Assessment
$172,700
zoning
Zoning Code | Commercial (general commercial and industrial) |
Commercial (general commercial and industrial) |
Learn More About Investing in Apartment Buildings
Listing ID: 22735894
Date on Market: 4/14/2021
Last Updated:
Address: 506 Forest Home Dr, Francis Creek, WI 54214
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