Near West Side Portfolio Multi-Family FOR SALE


Milwaukee, WI
$5,900,000 USD
773-293-5067
, Milwaukee, WI for Sale
$5,900,000 USD
Multi-Family - FOR SALE
1/8
null | 8% Cap Rate

Near West Side Portfolio
Milwaukee, WI


HIGHLIGHTS

  • Stable occupancy with minimal vacancy ---- 1.87% current vacancy
  • Diversified unit mix ---- 86.7% one-bedroom units
  • Below-market rents ---- 15.5% potential GSI increase
  • Conservative operating expense projections ---- 48.92% expense ratio

OVERVIEW

Kiser Group is pleased to present a rare opportunity to acquire a 120-unit multifamily portfolio consisting of four brick buildings in the Near West Side neighborhood of Milwaukee, WI. This portfolio represents an exceptional opportunity to acquire a sizeable multifamily position in Milwaukee with immediate cash flow and value-add potential. The portfolio has demonstrated stable occupancy with minimal vacancy historically. All buildings are within a half mile radius.

ASK ABOUT THIS PROPERTY

Luis RoblesKiser GroupMore Info
773-293-5067

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

Luis RoblesKiser GroupMore Info
773-293-5067

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