$895,000

Multi Family In Sun Prairie

  • 8 Beds
  • 8 Baths
  • 4,540 Sqft
  • 16,989 Sqft lot
  • Updated: Yesterday
  • Source: Wisconsin Real Estate Exchange (WIREX)  MLS#716852504300

About the Property

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.
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  • Property type

    Other

  • Year built

    2000

  • Price/sqft

    $197

Features

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586 N Westmount Drive, Sun Prairie, Wisconsin, United States View on Google Maps
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Stark Company, REALTORS - MADISON

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Stark Company, REALTORS - MADISON
Wisconsin, United States
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13
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2026
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Stark Company, REALTORS - MADISON
MADISON, Wisconsin, United States
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Last updated
Yesterday
First listed
October 24
Listing reference
716852504300
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