1418 W Mitchell St - Apartments FOR SALE


Milwaukee, WI 53204- Historic Mitchell Street
$1,500,000 USD
773-293-5067
1418 W Mitchell St, Milwaukee, WI for Sale
$1,500,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1418 W Mitchell St
Milwaukee, WI 53204
Historic Mitchell Street


HIGHLIGHTS

  • All 1-bedroom apartments
  • Average in-place rent of $800
  • Separately metered for electric
  • Eleven (11) parking spot lot

OVERVIEW

Kiser Group is pleased to present the opportunity to acquire a 20-unit brick building multifamily building located in Historic Mitchell Street neighborhood. The building is comprised of all one-bedroom apartments, separately meters for electric and has a high efficiency boiler. The building includes 11 outdoor parking spaces and an average rent of $800 in place.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

20

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mitchell Pointe

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,080 SF

ZONING

LB2

APN/PARCEL ID

460-1063-100-9

ASK ABOUT THIS PROPERTY

Luis RoblesKiser GroupMore Info
773-293-5067

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Luis RoblesKiser GroupMore Info
773-293-5067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.