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Georgetown Apartment Homes 526 W Franklin St

8 Unit Apartment Building $1,097,235 CAD ($137,154 CAD/Unit) 5.42% Cap Rate Portage, WI 53901

Apartment Buildings Wisconsin Portage 526 W Franklin St, Portage, WI 53901

Investment Highlights

  • New Roof
  • Room to Raise Rents
  • New Parking Lot

Executive Summary

Prime Investment property in Portage, WI. Property has a new Roof, Parking Lot, Interior Flooring and Paint. Property is located in the heart of Portage, WI with residential single family neighborhood.

Attachments

Georgetown Financials
Georgetown Rent Roll 11.12.24

Property Facts Under Contract

Price $1,097,235 CAD Building Class B
Price Per Unit $137,154 CAD Lot Size 0.31 AC
Sale Type Investment Building Size 8,510 SF
Cap Rate 5.42% Average Occupancy 100%
Sale Conditions 1031 Exchange No. Stories 2
No. Units 8 Year Built 1976
Property Type Multifamily Parking Ratio 1.18/1,000 SF
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Garden
Price $1,097,235 CAD
Price Per Unit $137,154 CAD
Sale Type Investment
Cap Rate 5.42%
Sale Conditions 1031 Exchange
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.31 AC
Building Size 8,510 SF
Average Occupancy 100%
No. Stories 2
Year Built 1976
Parking Ratio 1.18/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Heating

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - 960
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PROPERTY TAXES

Parcel Number 11271-1576 Improvements Assessment $843,427 CAD
Land Assessment $55,006 CAD Total Assessment $898,433 CAD

PROPERTY TAXES

Parcel Number
11271-1576
Land Assessment
$55,006 CAD
Improvements Assessment
$843,427 CAD
Total Assessment
$898,433 CAD
(262) 354-4969

Contact

  • Listing ID: 33982201

  • Date on Market: 2024-11-23

  • Last Updated:

  • Address: 526 W Franklin St, Portage, WI 53901

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Georgetown Apartment Homes | 526 W Franklin St
(262) 354-4969 x

Georgetown Apartment Homes | 526 W Franklin St

Thomas Groskopf

(262) 354-4969

(262) 354-4969

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