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Cudahy Commons 2770-3030 E Edgerton Ave 142 Unit Apartment Building For Sale Cudahy, WI 53110
INVESTMENT HIGHLIGHTS
- Cudahy Commons is a 142-unit, garden-style multifamily community located in the Cudahy submarket of the Milwaukee MSA
- Situated in a stable, infill South Milwaukee County submarket, the Property benefits from close proximity to Lake Michigan and Sheridan Park
- Cudahy Commons is being offered free and clear of existing debt. Please contact Greysteel’s Debt & Structured Finance contact Ralph Rader
- The Property offers a compelling value-add renovation runway, with 66 units already renovated achieving average rent increases
- Current ownership has meticulously maintained the property and invested over $1.0MM in capital improvements since 2019
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 8.81 AC |
| No. Units | 142 | Building Size | 125,180 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | B | Parking Ratio | 1.64/1,000 SF |
| Zoning | RM-1 MULTI | ||
| Sale Type | Investment |
| No. Units | 142 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.81 AC |
| Building Size | 125,180 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | RM-1 MULTI |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- High Speed Internet Access
- Oven
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
- Gated
- Package Service
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 480 |
| 2+1 | 118 | - | 890 - 980 |
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PROPERTY TAXES
| Parcel Number | 630-0168-001 | Improvements Assessment | $7,795,000 |
| Land Assessment | $923,000 | Total Assessment | $8,718,000 |
PROPERTY TAXES
Parcel Number
630-0168-001
Land Assessment
$923,000
Improvements Assessment
$7,795,000
Total Assessment
$8,718,000
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Cudahy Commons | 2770-3030 E Edgerton Ave
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