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3575 N Oakland Ave
Shorewood, WI 53211
Oakland Avenue Apartments · Multifamily Property For Sale
·
44 Units
Investment Highlights
- Turn-key all retail spaces have been improved within the last 2 years. All tenants are in written leases.
- 43 two-bedroom units and 1 one-bedroom unit. Of the two-bedroom units, 20 have one bath, 19 have one-and-a-half b
- Just south of Oakland Ave & Capitol Dr with close proximity to UW Milwaukee Campus. Walking distance to restaurants, shops, entertainment, and more.
- Hallways, elevator and lobby have been updated, new elevator mechanicals 2024, roof 2019 and many more updates.
- The property offers 57 off-street parking spaces.
Property Facts
| No. Units | 44 | Building Size | 51,967 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1962/2019 |
| Building Class | B | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.44 AC | Cross Streets | E Menlo Bl |
| Zoning | B-1 - Commercial | ||
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.44 AC |
| Building Size | 51,967 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1962/2019 |
| Parking Ratio | 1.1/1,000 SF |
| Cross Streets | E Menlo Bl |
| Zoning | B-1 - Commercial |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Disposal
- Storage Space
- Heating
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- On-Site Retail
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 1,000 |
| 2+1 | 20 | - | 1,000 |
| 2+1.5 | 18 | - | - |
| 2+2 | 4 | - | - |
| 2+2.5 | 1 | - | - |
Property Taxes
| Parcel Number | 275-1181-000 | Improvements Assessment | $3,206,500 |
| Land Assessment | $666,700 | Total Assessment | $3,873,200 |
Property Taxes
Parcel Number
275-1181-000
Land Assessment
$666,700
Improvements Assessment
$3,206,500
Total Assessment
$3,873,200
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