Apartment Buildings /WI /Racine County /Racine /720 Marquette St
Apartment Buildings /WI /Racine County /Racine /720 Marquette St

720 Marquette St - Apartments FOR SALE


Racine, WI 53404- Downtown Racine | 
$5,500,000 USD
414-274-1622
720 Marquette St, Racine, WI for Sale
$5,500,000 USD
Apartments - FOR SALE
1/6
null | 7.26% Cap Rate
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720 Marquette St
Racine, WI 53404
Downtown Racine

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HIGHLIGHTS

  • Thoughtfully Redeveloped in 2008 From a Former Industrial Site into an Adaptive Reuse Multifamily with High-Quality and In-Demand Finishes
  • Racine Multifamily Market Fundamentals are Poised for Continued Growth
  • Prime Location
  • Control of the Condo Association

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

40

PRICE/UNIT

$137,500

CAP RATE

7.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverbend Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1912

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

B5FD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matson HolbrookCBREMore Info
414-274-1622

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Matson HolbrookCBREMore Info
414-274-1622

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