Historical Multifamily Sale Listing - 220 W Valley Road

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220 W Valley Road

220 W Valley Road, Appleton, WI 54915

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
17,172 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.75%
Occupancy:
100%
Lot Size:
57,443 SF
Listing ID
17180450
Last Updated
over 1 year ago

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.

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

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Created 5/31/2011