420 S Franklin St - Apartments FOR SALE


Whitewater, WI 53190
$949,000 USD
262-473-7300
420 S Franklin St, Whitewater, WI for Sale
$949,000 USD
Apartments - FOR SALE
1/24
null | 8.09% Cap Rate

420 S Franklin St
Whitewater, WI 53190


OVERVIEW

Unique investment opportunity offering at over an 8.0 Cap Rate and $96,420 in annual income, with room to increase further by raising under rented units to market rents. The four units include (1) a newly constructed/renovated duplex with two four bed two bath units, (2) a five bed, two bath single family, and (3) a three bed two bath single family. All units share central parking. The property also includes a garage used for owner storage.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

8.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

420 S. Franklin Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

R-3

APN/PARCEL ID

/A125900001, /K 00019, /K 00020

ASK ABOUT THIS PROPERTY

Matt KuehlKeystone Real Estate ServicesMore Info
262-473-7300

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Matt KuehlKeystone Real Estate ServicesMore Info
262-473-7300

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