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Fox Ridge 201 Weed St 24 Unit Apartment Building $2,616,000 ($109,000/Unit) 6.03% Cap Rate Fox Lake, WI 53933
Executive Summary
Turn Key Apartments with New Roofs, Siding and Common Areas finishes– The
apartments located at 201 & 207 Weed Street in Fox Lake, WI
are comprised of 24 units in two two-story buildings. Landlord
pays for utilities and there are owner-owned on-site laundry machines,
carports, and storage units. Tenant pays Electric, Water & Sewer Utility. Landlord pays heat and hot water through central gas boilers and gas hot water heaters.
The buildings were built in 1977. There are 15 One-Bed 1 Bath units (Approx. 700 SF) and 9 Two-Bed 1 Bath Units (Approx. 850 SF)
apartments located at 201 & 207 Weed Street in Fox Lake, WI
are comprised of 24 units in two two-story buildings. Landlord
pays for utilities and there are owner-owned on-site laundry machines,
carports, and storage units. Tenant pays Electric, Water & Sewer Utility. Landlord pays heat and hot water through central gas boilers and gas hot water heaters.
The buildings were built in 1977. There are 15 One-Bed 1 Bath units (Approx. 700 SF) and 9 Two-Bed 1 Bath Units (Approx. 850 SF)
Property Facts
| Price | $2,616,000 | Apartment Style | Low-Rise |
| Price Per Unit | $109,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Cap Rate | 6.03% | Building Size | 1,850 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 9.19/1,000 SF |
| Zoning | R-3 | ||
| Price | $2,616,000 |
| Price Per Unit | $109,000 |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 1,850 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 9.19/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $899.00 | 700 |
| 2+1 | 9 | $969.00 | 850 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 226-1313-2634-023 | Improvements Assessment | $437,900 |
| Land Assessment | $96,000 | Total Assessment | $533,900 |
Property Taxes
Parcel Number
226-1313-2634-023
Land Assessment
$96,000
Improvements Assessment
$437,900
Total Assessment
$533,900
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Fox Ridge | 201 Weed St
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