Hidden loft 108 th St & Oklahoma Ave , 12 Unit Apartment Building $3,400,000 ($283,333/Unit) 7.25% Cap Rate West Allis, WI 53227

Hidden Loft luxury town homes developments To be completed August 2026 and ready to be leased
land was acquired in Sep of 2024,
All the utility work as been completed
we have started construction of first building
The land can host 5 building each with 12 town homes with garages
How ever other four lots are separate.
four three bedrooms six two bedrooms and two one bedrooms
here is price break down there is some variation subject to Tariffs
Total lots 5, one lot is being used to build first building.
Land 395,000, four additional lots are available each @ 395,000
total 395,000 time four 1,580,000.00
Fours lots can be purchased separately
Total cost for one building 3,400,000.00 that includes one lot only.
Rent roll Three bedroom 2,650 time 4 10,600.00
Two bedroom 2000 time 6 12000.00
one bed room 1650 time 2 3,300
Total rent collection 310,800 K a year
Tax 20 K
Property management 13000
Snow and landscape 12000
Garbage 6000
We energies 2500
Insurance 7000
Repairs 4000
Total 64,500
310,800 -64,500 246,300