2338 Allied Dr - Apartments FOR SALE


Madison, WI 53711
$1,300,000 USD
608-445-2384
2338 Allied Dr, Madison, WI for Sale
$1,300,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

2338 Allied Dr
Madison, WI 53711


HIGHLIGHTS

  • Eight, Two-bedroom Condos in Brick 8-unit building
  • Two parking stalls per unit
  • Condo fees $330/mo/unit

OVERVIEW

Eight two bedroom condo units in a brick 8-unit. Each unit has two assigned parking stalls in an expanded parking lot along with 1 storage unit. Condo fees are $330/month/unit. The condo fees include Maintenance up keep of building and common areas, Electricity for common areas, Water for each unit, Management fees, Snow removal and Landscaping. Units are currently very under rented on MTM leases.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

8

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,987 SF

ZONING

R-4

APN/PARCEL ID

0609-052-0403-2

ASK ABOUT THIS PROPERTY

Carson BrewerAltus Commercial Real EstateMore Info
608-445-2384

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Carson BrewerAltus Commercial Real EstateMore Info
608-445-2384

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