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20 Forest Ave 35 Unit Apartment Building $2,700,000 ($77,143/Unit) Fond Du Lac, WI 54935
INVESTMENT HIGHLIGHTS
- 100% Leased!
EXECUTIVE SUMMARY
Great 35-unit multi-family investment opportunity! Parking is available across the street in private parking structure! This is an excellent opportunity for a DSCR buyer. with about $28,000 in monthly revenue already achieved. The new owner could add even more by leasing the first floor, sharpening management, adding vending, allocating utilities and more! prospects should fully research the opportunity zone benefits. This all-masonry building is built like a fortress. the current owner replaced the roof, boilers and one elevator.
PROPERTY FACTS
| Price | $2,700,000 | Building Class | B |
| Price Per Unit | $77,143 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 30,000 SF |
| Sale Condition | High Vacancy Property | Average Occupancy | 100% |
| No. Units | 35 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Hi-Rise | ||
| Zoning | B - General Business | ||
| Price | $2,700,000 |
| Price Per Unit | $77,143 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1929 |
| Opportunity Zone |
Yes |
| Zoning | B - General Business |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 35 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | FDL-15-17-15-12-316-00 | Improvements Assessment | $704,700 |
| Land Assessment | $25,600 | Total Assessment | $730,300 |
PROPERTY TAXES
Parcel Number
FDL-15-17-15-12-316-00
Land Assessment
$25,600
Improvements Assessment
$704,700
Total Assessment
$730,300
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20 Forest Ave
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