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

Multifamily Property For Sale - In Contract

Foreclosed 16 Unit Apartment Building

2522 W Wells Street, Milwaukee, WI 53233

Price:
Price Not Disclosed
No. Units:
16
Building Size:
28,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Auction:
Yes
Occupancy:
60%
Find Out More...

Last Verified 11/19/2009 Listing ID 16448304

Description

Foreclosed Commercial Real Estate Auction: 16-Unit apartment building in Milwaukee, Wisconsin is being sold on November 18th 11:00AM with a minimum bid of $125,000. These 1-bedroom and efficiency apartments are near Marquette University and near student housing. Individual gas and electric meters are in basement with storage and washer and dryer. Current cash flow with 60% of the apartments currently occupied. For rent rolls, pictures, and more details, download the Property Information Package.
Auction Location: The Ambassador Hotel, 2308 W. Wisconsin Ave., Milwaukee, WI 53233

This opportunity is being provided through cooperation with Hines Auction Services,Inc., John J. Hines, Sr., Registered Wisconsin Auctioneer, License 513.
Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit with a minimum deposit of $10,000 in guaranteed funds.

Map of 2522 W Wells Street, Milwaukee, WI 53233 (Milwaukee County)

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Presented by

Tranzon Driggers

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Contact Listing Broker

Walter Driggers (352) 369-1047

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Created 10/27/2009

Additional Information for 2522 W Wells Street, Milwaukee, WI 53233

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
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 - Foreclosed 16 Unit Apartment Building

2522 W Wells Street, Milwaukee, WI, 53233