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6166 S Packard Ave

16 Unit Apartment Building $2,003,750 CAD ($125,234 CAD/Unit) 7.02% Cap Rate Cudahy, WI 53110

Executive Summary

Turn key, Cudahy 16 unit brick apartment building. All units are studio apartments with 1 bathroom, roughly 400 sq ft each. All tenants pay their own electricity. Owner pays for heat and water/sewer/trash. All large capital expenditures have been taken care of recently, including the roof, boiler, main plumbing in the basement, electric panels (all 100 amp per unit), and parking lot. Of the 16 units, roughly 12 have been renovated to various degrees.

Attachments

P&L - Packard

Property Facts

Price $2,003,750 CAD
Price Per Unit $125,234 CAD
Sale Type Investment
Cap Rate 7.02%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.37 AC
Building Size 11,000 SF
Average Occupancy 81%
No. Stories 2
Year Built 1958
Parking Ratio 1.27/1,000 SF

Site Amenities

  • Laundry Facilities
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 $1,138 CAD -
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
682-9899-000
Land Assessment
$318,806 CAD
Improvements Assessment
$787,621 CAD
Total Assessment
$1,106,427 CAD

zoning

Zoning Code S2
S2
  • Listing ID: 34234237

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: 6166 S Packard Ave, Cudahy, WI 53110

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