Historical Multifamily Sale Listing - Skyline Point Apartments

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Skyline Point Apartments

10-137 Capitol View Terrace, Madison, WI 53713

N/A

88 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
88
Building Size:
70,949 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
9.59%
Occupancy:
88%
Listing ID
16680868
Last Updated
over 1 year ago

Description

Located near both the historic Alliant Energy Center in Madison, and the Beltline Highway US 12/18, Skyline Point Apartments is an 88-unit multi-family property. Built in the early 1970s, the property features brick and vinyl siding exteriors, along with all newer roofing.

While Skyline Point has received numerous recent capital improvements, opportunities remain for a value-add buyer to further improve the property and its performance. The property is currently owned by a lender and is offered free and clear of any existing debt.

With large units, Skyline Point is a destination for families and the Madison area schools are highly rated. Skyline Point offers convenient access to Madison employment and is easily accessible by the City of Madison' s Metro Transit system.

Located near both the historic Alliant Energy Center in Madison, and the Beltline Highway US 12/18.

Map of 10-137 Capitol View Terrace, Madison, WI 53713 (Dane County)

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