725 Green Bay Dr - Apartments FOR SALE


Mayville, WI 53050
$2,925,000 USD
414-750-1118
725 Green Bay Dr, Mayville, WI for Sale
$2,925,000 USD
Apartments - FOR SALE
1/8
null | 5.44% Cap Rate

725 Green Bay Dr
Mayville, WI 53050


OVERVIEW

Great 25 unit multifamily available with a mix of 2 bed and 1 bed. New roof just installed. Two new boilers installed this year ready for the cold weather. This property has room to grow, at 1.31 acres, there is room to build an 8-unit next door on lot if desired. Room to increase rents make this an upside investment with a little polish. Easy to manage. 6 deluxe units, 11-1bdrm, 7- 2bdrm and 1- one bdrm w/den unit. Property is sold as-is and seller reserves the right to complete a 1031.

FOR SALE DETAILS

PRICE

$2,925,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

25

PRICE/UNIT

$117,000

CAP RATE

5.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golfview Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

MF

APN/PARCEL ID

251-1216-2522-002,251-1216-2522-003

ASK ABOUT THIS PROPERTY

Joe MillerMiller Town Real EstateMore Info
414-750-1118

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Joe MillerMiller Town Real EstateMore Info
414-750-1118

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