926 Superior Ave | Oostburg, WI 53070
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- LoopNet Team
926 Superior Ave
Oostburg, WI 53070
Holland Town Estates · Multifamily Property For Sale · 20 Units
INVESTMENT HIGHLIGHTS
- BEST-IN-CLASS ASSET: HIGH-QUALITY 2021 CONSTRUCTION
- MARKET RENTS BELOW COMPETITIVE SUBSET | UPSIDE POTENTIAL OF $160+/UNIT (18%) PROVEN
- OFFERED FREE AND CLEAR OF EXISTING DEBT
- SIGNIFICANT RENT INCREASES OF 18% DEMONSTRATED W/LEASE RENEWALS
- SUBSTANTIAL LEASE-UP VELOCITY & SIGNIFICANT SUBMARKET DEMAND
- EXCEPTIONAL BASIS FOR NEW CONSTRUCTION!
PROPERTY FACTS
| No. Units | 20 | Building Size | 22,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 2021 |
| Building Class | B | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 1.31 AC |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.31 AC |
| Building Size | 22,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 1.14/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Heating
- Ceiling Fans
- Granite Countertops
- High Speed Internet Access
- Oven
- Stainless Steel Appliances
- Walk-In Closets
- Island Kitchen
- Pantry
- Patio
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | 537 - 734 |
| 2+1 | 4 | - | 842 - 964 |
| 2+2 | 1 | - | 1,030 |
PROPERTY TAXES
| Parcel Number | 59165714805 | Improvements Assessment | $1,549,600 |
| Land Assessment | $82,300 | Total Assessment | $1,631,900 |
PROPERTY TAXES
Parcel Number
59165714805
Land Assessment
$82,300
Improvements Assessment
$1,549,600
Total Assessment
$1,631,900
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