350-360 E Birch Ave - Apartments FOR SALE


Barron, WI 54812
$4,500,000 USD
651-564-1464
350-360 E Birch Ave, Barron, WI for Sale
$4,500,000 USD
Apartments - FOR SALE
1/5
null | 7.77% Cap Rate

350-360 E Birch Ave
Barron, WI 54812


OVERVIEW

1.2M in recent improvements. All new roofing and siding. $100,000 in floor coverings in the common areas last year. The property consists of eighty-two units on 5.13 acres comprising of seventeen studio units, seventeen one-bedroom units, twenty four two-bedroom units, and twenty four three-bedroom units. Three detached garages are located around the property and have space for 40 vehicles. Land improvements include asphalt paved drives and parking areas and landscaping. Great occupancy - solid steady property!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$49 USD /SF

# OF UNITS

82

PRICE/UNIT

$54,878

CAP RATE

7.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

40

LAND DETAILS

LAND ACRES

5.15 AC

LAND SF

224,334 SF

ZONING

-

APN/PARCEL ID

206-1410-02-001,206-8068-09-001

ASK ABOUT THIS PROPERTY

Bree JewsonJewson RealtyMore Info
651-564-1464

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Bree JewsonJewson RealtyMore Info
651-564-1464

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