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Waukesha 58 Multifamily Portfolio

3 Multifamily Properties Offered at $9,811,800 CAD in Waukesha, WI

Executive Summary

Prime Investment Opportunity on 58 Units Across 3 sites in Waukesha, WI. The properties have finished an extensive 36-month stabilization period with nee capital improvements such as new roofs, boilers, parking lots, siding, soffits, facia, common area carpet/paint and new owner-owned washer and dryers. 36 of the 58 units have been turned in the last 36 months with new-flooring, light fixtures and paint. May units received new cabinets, counter tops and appliances. There is approximately $4,000 in loss to lease per month to be improved upon allowing increased rental revenue for new owner. Tenants are responsible for electric, gas in their units as well as RUBS billing on Water/Sewer.

Data Room Click Here to Access

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $9,811,800 CAD
Price / SF $148.92 CAD / SF
Cap Rate 6.68%
Sale Type Investment
Status Under Contract
Number of Properties 3
Individually For Sale 0
Total Building Size 65,885 SF
Total Land Area 3.25 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Davidson Road Apartments
2121-2127 Davidson Rd, Waukesha, WI 53186
Multifamily 24,528 SF 1955 -
Madera Steet Apartments
2017-2033 Madera St, Waukesha, WI 53189
Multifamily 27,749 SF 1972 -
Carpenter Place Apartments
411-425 Carpenter Plz, Waukesha, WI 53186
Multifamily 13,608 SF 1976 -
Show More > < Show Less
  • Listing ID: 33208309

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: Waukesha 58 Multifamily Portfolio, Waukesha, WI

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