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1155-1171 Breckenridge St 16 Unit Apartment Building $1,839,000 ($114,938/Unit) 6.85% Cap Rate Mayville, WI 53050
EXECUTIVE SUMMARY
Very Nice Brick Buildings with 2BR units with 1 bath, LR, eat-in kitchen, appliances, separate utilities, lockers, with updated electric and parking lot. Great investment. Excellent rental history. Coin operated washers & dryers-add'l income. NEWER Eletric service from transformer to buildings.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,839,000 | Apartment Style | Low-Rise |
| Price Per Unit | $114,938 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.23 AC |
| Cap Rate | 6.85% | Building Size | 9,000 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 1.77/1,000 SF |
| Zoning | 102 Commercial | ||
| Price | $1,839,000 |
| Price Per Unit | $114,938 |
| Sale Type | Investment |
| Cap Rate | 6.85% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.23 AC |
| Building Size | 9,000 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | 102 Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,369,500 | |
| Land Assessment | $71,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,298,000 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$71,500
Improvements Assessment
$1,298,000
Total Assessment
$1,369,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Miller Town Real Estate
1155-1171 Breckenridge St
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