3538 Douglas Ave | Racine, WI 53402
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This Multifamily Property is no longer advertised on LoopNet.com.
3538 Douglas Ave
Racine, WI 53402
Douglas Terrace · Multifamily Property For Sale
·
202 Units

INVESTMENT HIGHLIGHTS
- Eight Buildings Feature 15 Distinct Floor Plans
- Amenities Include a Brand-New Pool, Sundeck, and Dog Park
- 42 Remodeled Units; 160 Units Present Value Add Opportunity
PROPERTY FACTS
| No. Units | 202 | Building Size | 223,206 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1966/1995 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 6.75 AC | ||
| Zoning | R5 | ||
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.75 AC |
| Building Size | 223,206 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/1995 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Patio
SITE AMENITIES
- Playground
- Pool
- Property Manager on Site
- Package Service
- Pet Play Area
- Storage Space
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $968.50 | 450 |
| 1+1 | 110 | $1,126 | 676 - 865 |
| 2+1 | 64 | $1,188 | 779 - 993 |
| 2+2 | 4 | $1,271 | 1,144 - 1,400 |
| 3+2 | 16 | $1,469 | 1,185 |
PROPERTY TAXES
| Parcel Number | 276-000021228007 | Improvements Assessment | $2,873,600 |
| Land Assessment | $201,500 | Total Assessment | $3,075,100 |
PROPERTY TAXES
Parcel Number
276-000021228007
Land Assessment
$201,500
Improvements Assessment
$2,873,600
Total Assessment
$3,075,100
Listing ID: 33356821
Date on Market: 9/30/2024
Last Updated:
Address: 3538 Douglas Ave, Racine, WI 53402
The Caledonia Multifamily Property at 3538 Douglas Ave, Racine, WI 53402 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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