18-unit South Side Multifamily Portfolio Multi-Family FOR SALE


Milwaukee, WI - Forest Home Hills
$1,700,000 USD
414-250-8132
, Milwaukee, WI for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/30
null | 8.64% Cap Rate

18-unit South Side Multifamily Portfolio
Milwaukee, WI
Forest Home Hills


HIGHLIGHTS

  • Located in established South Side Milwaukee neighborhoods minutes from Downtown
  • Current monthly rent: $18,900 | Market monthly rent: $21,450
  • All leases are month-to-month, providing maximum operational flexibility
  • Opportunity to increase NOI through rent growth rather than heavy repositioning

OVERVIEW

Rare opportunity to acquire a 4-property, 18-unit multifamily portfolio in Milwaukee's established South Side. The portfolio offers strong in-place cash flow with an 8.65% cap rate, while 16 of the 18 units are leased below market and all tenants are on month-to-month leases, creating immediate value-add potential. Diverse 1, 2, 3, and 4-bedroom unit mix with upside through rent growth rather than major capital improvements.

ASK ABOUT THIS PROPERTY

Max FiasconeApartment Cash Flow, IncMore Info
414-250-8132

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

Max FiasconeApartment Cash Flow, IncMore Info
414-250-8132

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