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4641 S Howell Ave 20 Unit Apartment Building $2,199,000 ($109,950/Unit) 5.79% Cap Rate Milwaukee, WI 53207
EXECUTIVE SUMMARY
WOW...20 unit multifamily in the 53207 area! Well maintained building with all 1 BR 1 BA units. Value add with increase rents. Newer tear off roof, screens, most bathrooms, vinyl siding, paint throughout, LED lights, fire monitors, and more! Parking, storage, and coin operated laundry is great for every one of your tenants! Add this to your portfolio, you won't be disappointed!
PROPERTY FACTS
| Price | $2,199,000 | Apartment Style | Low-Rise |
| Price Per Unit | $109,950 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.54 AC |
| Cap Rate | 5.79% | Building Size | 10,990 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 20 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 2.09/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R - Residential | ||
| Price | $2,199,000 |
| Price Per Unit | $109,950 |
| Sale Type | Investment |
| Cap Rate | 5.79% |
| Sale Condition | 1031 Exchange |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 10,990 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.09/1,000 SF |
| Zoning | R - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 595-9862-110-6 | Improvements Assessment | $1,760,600 |
| Land Assessment | $96,400 | Total Assessment | $1,857,000 |
PROPERTY TAXES
Parcel Number
595-9862-110-6
Land Assessment
$96,400
Improvements Assessment
$1,760,600
Total Assessment
$1,857,000
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Miller Town Real Estate
4641 S Howell Ave
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