Log In/Sign Up
Your email has been sent.
Conservancy Apartments 4868 Innovation Dr 8 Unit Apartment Building $2,775,000 ($346,875/Unit) Deforest, WI 53532
INVESTMENT HIGHLIGHTS
- Close to walking trails and parks
- Buyer could sell off each unit as individual condos.
EXECUTIVE SUMMARY
This is a fantastic opportunity to buy two newer 2015 custom designed and meticulously built and maintained 4 unit buildings with large townhome units. All 8 townhomes are 3 br / 2.5 ba / 1,850sf and have attached 2 car garages, covered porches, and in-unit laundry. Each townhome has a foyer entry, large living room and kitchen, dining room, and bathroom on the 1st floor with 3 bedrooms, 2 bathrooms, and a laundry room on the 2nd floor. To make a condo conversion easier, all units are separately metered, tenants pay all utilities, and there is a studded air gap between units for an increased sound barrier. These buildings are very easy to lease being across from Conservancy Park with a splash pad and close to walking trails with lots of green space. $17,430/mo in total monthly rents.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$209,160
|
$14.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$209,160
|
$14.13
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $209,160 |
| Annual Per SF | $14.13 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $209,160 |
| Annual Per SF | $14.13 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0910-302-8060-1 | Improvements Assessment | $1,184,400 |
| Land Assessment | $180,100 | Total Assessment | $1,364,500 |
PROPERTY TAXES
Parcel Number
0910-302-8060-1
Land Assessment
$180,100
Improvements Assessment
$1,184,400
Total Assessment
$1,364,500
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Conservancy Apartments | 4868 Innovation Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.