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Roseneath 2335 W Wisconsin Ave 7 Unit Apartment Building $1,000,000 ($142,857/Unit) 8.39% Cap Rate Milwaukee, WI 53233
INVESTMENT HIGHLIGHTS
- 7 Units
- Central Air
- Large Two & Three-Bedroom Floorplans
- Individual Furnaces
EXECUTIVE SUMMARY
Available individually or as part of The Marquette Portfolio, Roseneath is a 7 unit building located in immediate proximity to Marquette University's campus. The property has LARGE two and three-bedroom floorplans alongside inviting common areas. The East half of the roof was replaced in 2023. The property offers upside in trimming expenses and continuing to professionally operate.
PROPERTY FACTS
| Price | $1,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $142,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 8.39% | Building Size | 14,127 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1908 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RO2 | ||
| Price | $1,000,000 |
| Price Per Unit | $142,857 |
| Sale Type | Investment |
| Cap Rate | 8.39% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 14,127 SF |
| No. Stories | 3 |
| Year Built | 1908 |
| Opportunity Zone |
Yes |
| Zoning | RO2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Wi-Fi
- Instant Hot Water
- Window Coverings
SITE AMENITIES
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | 1,300 |
| 3+1 | 6 | - | 1,700 |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 400-0702-000-9 | Improvements Assessment | $629,400 |
| Land Assessment | $32,200 | Total Assessment | $661,600 |
PROPERTY TAXES
Parcel Number
400-0702-000-9
Land Assessment
$32,200
Improvements Assessment
$629,400
Total Assessment
$661,600
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Roseneath | 2335 W Wisconsin Ave
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