This listing is based on forecasted costs and rents for a 60 unit project with rents at $1200 per unit. The city has indicated that a 60 unit project would be approved. Density of surrounding developments are much higher. Density levels should tested and verified. Costs and rents should be verified and are subject to change. Parcels 0608-032-0104-9 and 0608-032-0103-1 are both included.
Take advantage of the low vacancy rate in Madison and buy this 37 unit luxury apartment building. The building is not yet construction; plans and pricing details are available. This project is in the affluent Grandview Commons neighborhood with fantastic views of the Capitol and Lake Monona. Location is in close proximity to schools, libraries, airport and highway access. Location offers something for everyone; restaurants, shopping, and health care needs.
4 apartment buildings with a total of 37 units located just off Stoughton Rd and Buckeye. FULLY LEASED with new roofs on all 4 buildings in 2012. Tenants pay heat, hot water and electric in 16 units and all tenants pay electric. Off street parking, hardwood floors and carpet and dish washers in 16 units. Two buildings have boiler systems and two buildings have separate forced air units for each apartment. 2012 Annual gross income was $294,878. Contact agent for rent roll.
16 unit apartment complex with onsite parking located just of E. Washington Ave. on Madison s east side. This parcel consist of two 8 unit apartment buildings with four 2 bedroom units and four 1 bedroom units in each building. Tenants pay electric, gas and garbage removal. There are a total 16 electric water heaters. (Property is being sold as is)
Bank Owned!!! 16 units (two 8 unit buildings) All units are 1 bedroom units with living room, kitchenette & full bath. Most all units are rented, many long term tenants. Clean, well cared for buildings make these units easy to rent. Rents vary from $585-$600. Make an offer.
Located just five blocks from the Capitol with tremendous exposure. This all brick building houses six campus oriented rental units including 10 off-street parking stalls. A new roof was put on in 2008. Commercial or residential application. Fully leased through the 2012-2013 season with an annual gross income of $76,500.
8 unit condominium building with vinyl siding and beautiful setting adjacent to West Towne for convenient shopping and dining. This well cared for 8 unit condominium building in High Point, includes a newer roof, newer hot water heater, newer hallway carpet, low condominium association insurance and taxes. Many long term tenants. Continue to own as rental or sell as condominiums units.
Fully leased 12-unit apartment builidng w/excellent cash flow and a high capitalization rate. Not only does this property have a strong rental history but it is in excellent condition. Nearly $100,000 worth of improvements in the last 5 years include: New roof, new water heater, new energy efficient boiler, new laminated wood floors in units, appliances, patio doors, painting and other energy efficient improvements. 21 parking space behind building. Coin-operated laundry is leased. Excellent investment.
Luxurious executive ranch in prestigious Richmond Hill. This home has the best of everything, including high end finishes, appliances, architectural features & more! 3 car garage w/attic, fenced in ground pool, main floor master suite, fireplaces, office, and separate "In-Law" unit currently used as rental income property. Second unit has similar features with separate 2 car garage, driveway & entrance. Listing also includes 1502 Lynchburg Trl. See Docs for info.
Great Brick 8 Unit! All 2 bedroom apartments. Eat-in-kitchens, stove, refrigerators, air conditioner, all cable ready, additional income from 2 sets of coin operated laundry equipment! 2 separate parking lots, 2 separate main entrances. Fully occupied! Well cared for.