0 Marian -1 - Specialty FOR SALE


Edgerton, WI 53534
$159,900 USD
608-449-3630
0 Marian -1, Edgerton, WI for Sale
$159,900 USD
Specialty - FOR SALE
1/8
null | 11.51% Cap Rate

0 Marian -1
Edgerton, WI 53534


HIGHLIGHTS

  • Water Utility Company
  • Low Maintenance
  • Great CAP Rate

OVERVIEW

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of 10.89% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.

FOR SALE DETAILS

PRICE

$159,900 USD

PRICE/SF

$267 USD /SF

CAP RATE

11.51%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakhill Waterworks

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle CarrierBest Realty of Edgerton Ltd.More Info
608-449-3630

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Kyle CarrierBest Realty of Edgerton Ltd.More Info
608-449-3630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.