506 Forest Home Dr | Francis Creek, WI 54214
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506 Forest Home Dr
Francis Creek, WI 54214
Value Add Property with Steady Income · Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Projected Cash on Cash Return with minimum income on bar rental is 21%
- Several oversized 1 bedroom apartments which could be converted into 2 bedroom units.
- Large Parking Lot & Street Parking
- 6,000 SF Bar / Banquet Facility - can be converted to apartments or used for commercial business.
- Steady Income, Several Mechanical & Roof Updates
- Large Basement with walk-out
PROPERTY FACTS
| No. Units | 13 | Lot Size | 1.34 AC |
| Property Type | Multifamily | Building Size | 15,360 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Zoning | Commercial - general commercial and industrial | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 15,360 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | Commercial - general commercial and industrial |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Oven
- Range
- Basement
SITE AMENITIES
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
PROPERTY TAXES
| Parcel Number | 032-014-011-014.00 | Improvements Assessment | $246,600 |
| Land Assessment | $45,000 | Total Assessment | $291,600 |
PROPERTY TAXES
Parcel Number
032-014-011-014.00
Land Assessment
$45,000
Improvements Assessment
$246,600
Total Assessment
$291,600
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