Photo 1 of 7
$1,150,000
Sold on 6/30/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
2 |
1.00 |
0 |
$2,688 |
1942 |
On the market:
235 days
|
View full details, 15 photos, school info, and price history
PROPERTY OVERVIEW: pleased to offer for your investment consideration a 100% fee simple interest in a 17-Unit portfolio located in the Grasslynn Manor neighborhood of Milwaukee, Wisconsin. These residential units, consisting of 8 duplexes and 1 single family home, were built in the mid 20th Century. The units are 100% occupied and within close proximity providing management efficiency.PROPERTY HIGHLIGHTS:Value-add opportunity for a new Owner to cut the loss to lease and bring rents to market.Year 1 ''As-Is'' Cash-On-Cash: 14.20% & Pro-Forma Cash-On-Cash: 15.50%IRR 7-Year Holding Period: 25.42%
Listing courtesy of Michael Wirth