4486 Gray Rd - Apartments FOR SALE


Deforest, WI 53532
$1,793,000 USD
608-251-8777
4486 Gray Rd, Deforest, WI for Sale
$1,793,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

4486 Gray Rd
Deforest, WI 53532


HIGHLIGHTS

  • Approved 122 Unit multi-family apartment development.
  • 22 Garage parking & 162 Surface parking stalls
  • 4 Stories (12 studios, 48 one beds & 62 two beds)

OVERVIEW

Take advantage of this ready-to-develop investment opportunity in Windsor, WI. This 9.883-acre property is city-approved for a 122-unit multi-family complex, boasting a strategic location at the intersection of Gray Rd & CTH CV. The proposed development includes 12 studios, 48 one-bedroom, and 62 two-bedroom apartments across a 4-story building. With 22 garage parking stalls and 162 surface parking spaces, convenience is key for residents. The project has city approval until May 23, 2026 with potential for an extension upon request. Perfectly situated just 7 miles from Madison's East Side, this property offers a blend of suburban tranquility and urban accessibility. Don't miss this chance to own a lucrative piece of real estate in a rapidly growing area. Ideal for investors looking to capitalize on the increasing demand for multi-family housing in the region.

FOR SALE DETAILS

PRICE

$1,793,000 USD

PRICE/SF

$15 USD /SF

# OF UNITS

122

PRICE/UNIT

$14,697

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2027

PARKING SPACES

185

LAND DETAILS

LAND ACRES

6.26 AC

LAND SF

272,847 SF

ZONING

G2-G5

APN/PARCEL ID

0910-292-8710-1,0910-292-8720-1

ASK ABOUT THIS PROPERTY

James StoppleMadison Property Management, Inc.More Info
608-251-8777

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James StoppleMadison Property Management, Inc.More Info
608-251-8777

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