Apartment Buildings /WI /Racine County /Racine /720 Marquette St
Apartment Buildings /WI /Racine County /Racine /720 Marquette St

720 Marquette St - Apartments CONDO FOR SALE


Racine, WI 53404- Downtown Racine | 
$5,500,000 USD
414-274-1622
720 Marquette St, Racine, WI for Sale
$5,500,000 USD
Apartments CONDO - FOR SALE
1/6
null | 7.26% Cap Rate
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720 Marquette St
Racine, WI 53404
Downtown Racine

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HIGHLIGHTS

  • Thoughtfully Redeveloped in 2008 From a Former Industrial Site into an Adaptive Reuse Multifamily with High-Quality and In-Demand Finishes
  • Racine Multifamily Market Fundamentals are Poised for Continued Growth
  • Control of the Condo Association

OVERVIEW

Great Multifamily investment opportunity.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

7.26%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverbend Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

67,000 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

B5FD

APN/PARCEL ID

276-000003564005,276-000003564046

ASK ABOUT THIS PROPERTY

Matson HolbrookCBREMore Info
414-274-1622

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Matson HolbrookCBREMore Info
414-274-1622

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