615 Mount Nemo Ave - Multi-Family FOR SALE


Eau Claire, WI 54703
$600,000 USD
715-829-6686
615 Mount Nemo Ave, Eau Claire, WI for Sale
$600,000 USD
Multi-Family - FOR SALE
1/15
null | 6.8% Cap Rate

615 Mount Nemo Ave
Eau Claire, WI 54703


HIGHLIGHTS

  • Stable scale at 6 units easier to manage/finance
  • Strong historical occupancy rate
  • Good tenant retention due to proximity to retail and bus line
  • Some new flooring

OVERVIEW

Offered is a maintained 6-unit apartment building located in a strong multifamily corridor with a proven strong historical occupancy record. Situated in a conforming multifamily area, this property benefits from consistent rental demand and long-term investment stability due to it being located on a public bus route and within close proximity to grocery stores, shopping, and retail amenities, offering excellent accessibility and everyday convenience for tenants. Ideal opportunity for investors seeking steady cash flow in a highly rentable location. Don't miss this opportunity for this property offering a stable scale at 6 units which is easier to manage/finance.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

6

PRICE/UNIT

$100,000

CAP RATE

6.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

615 Mt. Nemo Ave, Eau Claire WI 54703

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Multi Family

APN/PARCEL ID

10-0513

ASK ABOUT THIS PROPERTY

Darin VoegeliUltra Commercial RealtyMore Info
715-829-6686

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Darin VoegeliUltra Commercial RealtyMore Info
715-829-6686

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