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220 W Valley Road
Appleton, WI 54915 ·

16 Units · Multifamily For Sale

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220 W Valley Road

Price N/A Property Use Type Investment
No. Units 16 Cap Rate 7.75%
Building Size 17,172 SF Occupancy 100%
Property Type Multifamily Lot Size 57,443 SF
Property Sub-type Garden/Low-Rise
Listing ID: 17180450 Date Created: 05/31/2011 Last Updated: 11/19/2012

Description

Extremely nice all brick 16-unit apartment. Constructed in 1997. Interior features include spacious apartments, walk-in closet in main bedrooms, ceiling fans in all living rooms, laundry hook-ups in each apartment, ceiling lights in all bedrooms, cut-out in kitchen for eating at counter. Nice combination of 10 two-bedrooms and 6 one-bedrooms. Exterior features include new roof, 8 garages, ample parking and accessibility to bus routes, Highway 441, grocery shopping and restaurants.
Stable tenancy with excellent renters. 100% occupied. Landlord pays heat and water.
Purchase price is $755,000 for 16 unit apartment and $40,000 for vacant land adjacent to apartment which can support additional multifamily housing.

Located on the south side of Appleton one block west of S. Onieda Street on W. Valley Rd. Two blocks from the intersection of S. Oneida and Hwy 441. Easy access.

Research

220 W Valley Road, Appleton, WI 54915 (Outagamie County)

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