685 Lois Dr - Apartments FOR SALE


Sun Prairie, WI 53590- Outer Sun Prairie
$805,000 USD
608-213-6686
685 Lois Dr, Sun Prairie, WI for Sale
$805,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

685 Lois Dr
Sun Prairie, WI 53590
Outer Sun Prairie


OVERVIEW

Prime aparthotel opportunity in Sun Prairie, WI, with 115,000 cars daily on the inlet to a 90,000 sq. ft. office park. Nearby businesses include McDonald’s, Burger King, and Walgreens. This thoughtfully designed 4-unit building on a 1.66-acre lot with two ponds is under renovation, with plumbing and electrical rough-in started. Calling energetic craftsmen! Finish this gem featuring two fireplaces, stunning early 20th-century woodwork, intricate trim, prairie-style stonework, and a wrap-around screen porch with a hexagonal sitting area. Includes a 4-car attached and 2-car detached garage. Zoned MR-8, allowing an additional 9 units; a PUD could push density significantly higher. Seize this chance to shape a lucrative project in a high-traffic, vibrant location!

FOR SALE DETAILS

PRICE

$805,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

4

PRICE/UNIT

$201,250

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MR-8

APN/PARCEL ID

0811-061-9300-7

ASK ABOUT THIS PROPERTY

David BaehrBaehr Inc.More Info
608-213-6686

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David BaehrBaehr Inc.More Info
608-213-6686

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