10-137 Capitol View Terrace
Madison, WI 53713 ·
88 Units · Multifamily For Sale
Skyline Point Apartments
|No. Units||88||Property Use Type||Investment|
|Building Size||70,949 SF||Cap Rate||9.59%|
|Listing ID: 16680868||Date Created: 05/11/2010||Last Updated: 01/04/2011|
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.
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