6166 S Packard Ave
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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.
Property Facts
Price | $2,003,750 CAD | Building Class | C |
Price Per Unit | $125,234 CAD | Lot Size | 0.37 AC |
Sale Type | Investment | Building Size | 11,000 SF |
Cap Rate | 7.02% | Average Occupancy | 81% |
No. Units | 16 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1958 |
Property Subtype | Apartment | Parking Ratio | 1.27/1,000 SF |
Apartment Style | Low Rise |
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 | - |
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Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 682-9899-000 | Improvements Assessment | $787,621 CAD |
Land Assessment | $318,806 CAD | Total Assessment | $1,106,427 CAD |
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 |
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6166 S Packard Ave
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