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Browse More Listings in Multifamily For Sale, Madison, WI or Wisconsin

Multifamily Property For Sale

Skyline Point Apartments

124 Capitol View Terrace, Madison, WI 53713

Price:
$4,000,000
No. Units:
88
Building Size:
75,780 SF
Price/Unit:
$45,454.55
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Occupancy:
90%
Year Built:
1971
Lot Size:
3.88 AC
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Last Verified 11/5/2009 Listing ID 16369053

Description

Skyline Point Apartments is an 88 unit apartment complex located just south of downtown Madison, WI. The property contains 26 one bed/one bath units, 16 two bed/one bath units, 16 two bed/one and one half bath units, 28 three bed/one and one half bath units and 2 four bed/two bath units. In-place rents range from $585-1,050 with all current residents on a 12-month lease.

There are 11 buildings at the property with each building housing 8 units. Laundry facilities are located in each building. Friendly on-site staff is responsive to all resident needs.

Residents pay for electricity while the Landlord pays for heat, water/sewer and trash.

The building has a concrete foundation with a wood frame. The exterior siding consists of brick and stucco. Roofs are pitched shingles. The property underwent extensive renovations in 2009.

Downtown Madison is located just 2 miles from the property and the capital building can be seen from the property. Skyline Point is located just off the Beltline Highway and is easily accessible via car or public transportation. Various retail establishments are located just west of the property

Map of 124 Capitol View Terrace, Madison, WI 53713 (Dane County)

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Presented by

Foresite Realty Partners, L.L.C.

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Contact Listing Broker

Jamie Hadac (847) 939-6023

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Created 8/25/2009

Additional Information for 124 Capitol View Terrace, Madison, WI 53713

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Skyline Point Apartments

124 Capitol View Terrace, Madison, WI, 53713