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0 Marian -1
Edgerton, WI 53534
Oakhill Waterworks · Specialty Property For Sale · 600 SF

Investment Highlights

  • Water Utility Company
  • Great CAP Rate
  • Low Maintenance

Property Facts

Property Type Specialty
Property Subtype Utility Sub-Station
Building Class C
Lot Size 0.09 AC
Building Size 600 SF
No. Stories 1
Year Built/Renovated 1955/2018
Zoning C - Commercial

About 0 MARIAN -1 , EDGERTON, WI 53534

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 12% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.

Property Taxes

Property Taxes

Parcel Number
661-07233
Land Assessment
$42,600
Improvements Assessment
$0
Total Assessment
$42,600
  • Listing ID: 26435421

  • Date on Market: 8/18/2022

  • Last Updated:

  • Address: 0 Marian -1, Edgerton, WI 53534

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