W771 Armstrong Rd - Apartments FOR SALE


Campbellsport, WI 53010
$449,900 USD
920-960-3898
W771 Armstrong Rd, Campbellsport, WI for Sale
$449,900 USD
Apartments - FOR SALE
1/10
null | 5% Cap Rate

W771 Armstrong Rd
Campbellsport, WI 53010


HIGHLIGHTS

  • Investment Opportunity
  • 5 Family Apartment
  • 2 Acre Parcel

OVERVIEW

Multi-Family Investment & Development Opportunity between FDL & Plymouth! This former school was converted to a 5 Family Apartment and sits on a 2 Acre Parcel w/ Plenty of Space to Build more Rental Properties to increase Cash Flow. The units consist of 1-2 BR Unit, 3-1 BR Units, and an Efficiency on the Main Floor and the Lower Level is currently used for personal storage but can be used as Offices or tenant usage to increase rents. 4 of the Units have separate meters but the Landlord currently pays utilities. All units are currently occupied with long term tenants and rents are $3,430/month. The 1.2 acre triangle lot between Cty Rd B & Armstrong Rd is used for the septic system and is not buildable but can be used for recreation. Call now to add this to your Portfolio!

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$90 USD /SF

# OF UNITS

5

PRICE/UNIT

$89,980

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W771 Armstrong Rd

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

3.3 AC

LAND SF

143,748 SF

ZONING

B-1

APN/PARCEL ID

T16-14-19-02-07-005-00

ASK ABOUT THIS PROPERTY

Jason ZellnerZellner Real EstateMore Info
920-960-3898

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Jason ZellnerZellner Real EstateMore Info
920-960-3898

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