1616 W Bender Rd - Apartments FOR SALE


Glendale, WI 53209- Outer Brown Deer
$12,000,000 USD
414-405-7128
1616 W Bender Rd, Glendale, WI for Sale
$12,000,000 USD
Apartments - FOR SALE
1/47
null | 5.91% Cap Rate

1616 W Bender Rd
Glendale, WI 53209
Outer Brown Deer


HIGHLIGHTS

  • New Apt Complex
  • Loads of Amenities
  • Management on site

OVERVIEW

River Park Apartments announces its grand opening and ribbon cutting after a full-scale twenty-four-month redevelopment near Kletzsch Park in the heart of Glendale. Formerly Dycora Transitional Health, the property located at 1616 West Bender Road in Glendale has gone through a multi-million dollar redevelopment and stands out for its convenient location, lush surroundings, ample green space, and modern interiors. Special points of interest: Total 51 units, 32 currently leased Avg Rent $2,100.00 Parking rent $100.00 per month Projected rent for pets; 10 units $40.00 per month. Reserve is $1,666.60 per door One unit is furnished and rent-ed short term Gas & electric from We Ener-gies budget plan. Includes out door lighting. All new high effi-ciency HVAC equipment through out. Sheridan management will manage property until leases to 95% occupancy. Internet at no charge to tenants Community room and fitness at no extra charge to tenants

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

51

PRICE/UNIT

$235,294

CAP RATE

5.91%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

95

LAND DETAILS

LAND ACRES

3.78 AC

LAND SF

164,831 SF

ZONING

PUD

APN/PARCEL ID

161-9974-000

ASK ABOUT THIS PROPERTY

Lorna MuellerThe Realty CompanyMore Info
414-405-7128

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Lorna MuellerThe Realty CompanyMore Info
414-405-7128

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