1022 Grandview Ave - Apartments FOR SALE


Tomah, WI 54660
$3,500,000 USD
608-498-1323
1022 Grandview Ave, Tomah, WI for Sale
$3,500,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

1022 Grandview Ave
Tomah, WI 54660


HIGHLIGHTS

  • Pristine 32-unit with 24 garages

OVERVIEW

Seller willing to sell buildings separately and open to creative/seller financing options! Fantastic opportunity to own two apartments totaling 32 units in pristine condition.Fantastic opportunity to own two apartments totaling 32 units in pristine condition. Incredibly well-kept and managed properties. (16) 1BR units, (14) 2BR units, (2) 3BR units, 23 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New water heater in 1022 in 2021. New roofs on 1021 and 1021 garages. 2023 NOI shows 7-Cap rate. Property rents low compared to competitor rentals in market, great value-add! Property is literally turnkey and ready to operate!

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

32

PRICE/UNIT

$109,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grandview Pines

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

COMM

APN/PARCEL ID

286-00639-9200

ASK ABOUT THIS PROPERTY

Spenser NickelattiOneTrust Real Estate Brokered by Exp RealtyMore Info
608-498-1323

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Spenser NickelattiOneTrust Real Estate Brokered by Exp RealtyMore Info
608-498-1323

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