Quelle:
Wisconsin Real Estate Exchange (WIREX)
MLS#716852504300
Über die Immobilie
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Excellent investment opportunity in one of Sun Prairie?s most desirable areas! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie?s amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in-unit washer and dryer, and a private garage. Well-de
Excellent investment opportunity in one of Sun Prairie?s most desirable areas! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie?s amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in-unit washer and dryer, and a private garage. Well-designed floor plans and strong rental appeal make this an attractive long-term investment, with market rents estimated at $1,750+/month per unit. At market rents, the property offers an attractive gross rent multiplier ( 10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long-term appreciation. Seller is selling as part of a 1031 Exchange.
IDX information is provided exclusively for consumers’ personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.
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