910 E Cedar Ave - Apartments FOR SALE


Manitowoc, WI 54220
$450,000 USD
920-542-2044
910 E Cedar Ave, Manitowoc, WI for Sale
$450,000 USD
Apartments - FOR SALE
1/38
null | 6.67% Cap Rate

910 E Cedar Ave
Manitowoc, WI 54220


HIGHLIGHTS

  • Fully occupied 3-unit condo portfolio generating $3,600/month, offered with seller financing and strong cash flow potential.

OVERVIEW

Rare opportunity to acquire a fully occupied 3-unit condo portfolio with seller financing. Property generates $3,600/month in current rental income with upside potential—two units leased at $1,250/month on one-year leases, and one unit at $1,100/month on a month-to-month basis, offering immediate opportunity to increase rents to market levels. Seller financing terms include 20% down, 6% interest with interest-only payments, and a 5-year balloon, with lower interest rates available for buyers with larger down payments. No traditional bank financing required. Ideal for investors seeking strong cash flow and flexible financing. Proof of funds and income required prior to showings.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

3

PRICE/UNIT

$150,000

CAP RATE

6.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

52-816-202-184.00

ASK ABOUT THIS PROPERTY

Justin JagemannWEST MANAGEMENT LLCMore Info
920-542-2044

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Justin JagemannWEST MANAGEMENT LLCMore Info
920-542-2044

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