201 Murdock St - Apartments FOR SALE


Tomah, WI 54660
$1,364,000 USD
608-498-1323
201 Murdock St, Tomah, WI for Sale
$1,364,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

201 Murdock St
Tomah, WI 54660


OVERVIEW

SELLER WILL OWNER FINANCE UP TO HALF YOUR DOWN PAYMENT! Unique opportunity to buy 12 condo units! Building is made up of Fifteen 2BR/1.5BA condo units. Spacious units all with dishwashers and master half bath and pantry/storage area. Seller of this package owns 12 of the 15 and is selling them all off in one package. All units used as rentals with average rent of $925/unit, value-add opportunity to move rents up! Seller also owns 10 of the 13 indoor storage units. Package also includes a 2-car and 1-car garage space. Two coin-op laundry rooms. Because of seller owning majority of condos, you get the perk of being the deciding vote on everything! Buy the remaining three owner-occupied and convert fully to apartment building, or keep it in condo association. Units assessed at 114,500 each. Many options and exit strategies! 65/mo in condo dues.

FOR SALE DETAILS

PRICE

$1,364,000 USD

PRICE/SF

$51 USD /SF

# OF UNITS

12

PRICE/UNIT

$113,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,814 SF

ZONING

-

APN/PARCEL ID

286-00639-1600

ASK ABOUT THIS PROPERTY

Spenser NickelattiSpenser Nickelatti eXp RealtyMore Info
608-498-1323

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Spenser NickelattiSpenser Nickelatti eXp RealtyMore Info
608-498-1323

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