Georgetown Apartment Homes | 526 W Franklin St
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Georgetown Apartment Homes 526 W Franklin St
8 Unit Apartment Building $760,000 ($95,000/Unit) 5.42% Cap Rate Portage, WI 53901
Investment Highlights
- New Roof
- Room to Raise Rents
- New Parking Lot
Executive Summary
Prime Investment property in Portage, WI. Property has a new Roof, Parking Lot, Interior Flooring and Paint. Property is located in the heart of Portage, WI with residential single family neighborhood.
Property Facts Under Contract
| Price | $760,000 | Building Class | B |
| Price Per Unit | $95,000 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 8,510 SF |
| Cap Rate | 5.42% | Average Occupancy | 100% |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| No. Units | 8 | Year Built | 1976 |
| Property Type | Multifamily | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden |
| Price | $760,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| Cap Rate | 5.42% |
| Sale Conditions | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 8,510 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.18/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Heating
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 960 |
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PROPERTY TAXES
| Parcel Number | 11271-1576 | Improvements Assessment | $584,200 |
| Land Assessment | $38,100 | Total Assessment | $622,300 |
PROPERTY TAXES
Parcel Number
11271-1576
Land Assessment
$38,100
Improvements Assessment
$584,200
Total Assessment
$622,300
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Georgetown Apartment Homes | 526 W Franklin St
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