Williamsburg Flats
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Williamsburg Flats
3 Multifamily Properties Offered at $14,883,435 CAD in Multiple Locations
Investment Highlights
- Great Location in Highly Desirable Thiensville Wisconsin
- Low Maintenance Brick Exteriors
- Attractive Unit Mix (2-BR/1-Bath, 2-BR/1.5-Bath, and 3-BR/1-Bath)
- Underground Parking for each unit
Executive Summary
Marcus & Millichap is pleased to present the Williamsburg Flats in the Village of Thiensville, Ozaukee County, Wisconsin. The property includes buildings 200-202-214-215-220-225-235-240-245 Williamsburg Drive and comprises a 6.03-acre (combined) parcel which is improved with nine eight-unit apartment buildings. They were constructed in 1973 (the 245 Building was built in 1970) and contain a combined 79,532 square feet (per assessor's records). Each building has a brick exterior and pitched roof with dimensional shingle covering (the 245 Building has a rubber membrane covering).
The unit mix consists of (33) 2-bedroom/1 bath units, (23) 2-bedroom/1.5 bath units, and (16) 3-bedroom/1 bath units. Each unit includes a refrigerator and stove. The majority of units have a dishwasher and sleeve air conditioner (two units in the 245 Building have central air conditioning). Each building features coin-operated washers and dryers in the basement. With the exception of the 245 Building (with individual gas-fired furnaces and water heaters), each building has a gas-fired central boiler and water heater.
Each building has an underground parking garage. There is also on-site parking on asphalt paving. They are all served with private wells and sanitary sewer.
The apartment complex is well located and in close proximity to locally-owned shops and restaurants.
The unit mix consists of (33) 2-bedroom/1 bath units, (23) 2-bedroom/1.5 bath units, and (16) 3-bedroom/1 bath units. Each unit includes a refrigerator and stove. The majority of units have a dishwasher and sleeve air conditioner (two units in the 245 Building have central air conditioning). Each building features coin-operated washers and dryers in the basement. With the exception of the 245 Building (with individual gas-fired furnaces and water heaters), each building has a gas-fired central boiler and water heater.
Each building has an underground parking garage. There is also on-site parking on asphalt paving. They are all served with private wells and sanitary sewer.
The apartment complex is well located and in close proximity to locally-owned shops and restaurants.
Property Facts
| Price | $14,883,435 CAD | Number of Properties | 3 |
| Price / SF | $188.75 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.12% | Total Building Size | 78,853 SF |
| Sale Type | Investment | Total Land Area | 1.82 AC |
| Status | Active |
| Price | $14,883,435 CAD |
| Price / SF | $188.75 CAD / SF |
| Cap Rate | 7.12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 78,853 SF |
| Total Land Area | 1.82 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Williamsburg Flats
214-245 Williamsburg Dr, Thiensville, WI 53092 |
Multifamily | 60,853 SF | 1972 | - |
| 202 Williamsburg Dr, Thiensville, WI 53092 | Multifamily | 9,000 SF | - | - |
| 200 Williamsburg Dr, Mequon, WI 53092 | Multifamily | 9,000 SF | - | - |
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Williamsburg Flats
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