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10112 W Sharon Ln 6 Unit Apartment Building $729,900 ($121,650/Unit) 7.20% Cap Rate Milwaukee, WI 53225
Investment Highlights
- Fully Occupied 6-Unit Brick Multifamily, Strong NW-Side Location, Offered at $729,900
Executive Summary
Solid all-brick six-unit on Milwaukee's northwest side, offered as a fully occupied, income-producing investment generating $95,280 in annual in-place rent. The mix is two 3BR/1.5BA and four 2BR/1.5BA units, each with a separate dining area and eat-in kitchen, an unusually large floor plan for the area. Built in 1972 of solid masonry for low-maintenance ownership, with a full basement, shared laundry, and garage plus surface parking on a 0.28-acre lot, zoned RM1. Served by municipal water and sewer. Minutes from US Highway 45 and Highway 100, with Mayfair Road retail and metro employment corridors nearby. Offered at $729,900 ($121,650 per unit). Full offering memorandum with rent roll available to qualified buyers on request. Contact Hyperion Realty for the OM and to arrange a tour.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Price | $729,900 | Apartment Style | Garden |
| Price Per Unit | $121,650 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| Cap Rate | 7.20% | Building Size | 7,200 SF |
| Gross Rent Multiplier | 7.32 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Zoning | RM1 | ||
| Price | $729,900 |
| Price Per Unit | $121,650 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Gross Rent Multiplier | 7.32 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | RM1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | - |
| 3+1.5 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 221-0605-100-7 | Improvements Assessment | $639,600 |
| Land Assessment | $38,900 | Total Assessment | $678,500 |
Property Taxes
Parcel Number
221-0605-100-7
Land Assessment
$38,900
Improvements Assessment
$639,600
Total Assessment
$678,500
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Hyperion Realty Commercial
10112 W Sharon Ln
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