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533-539 Caine St
Whitewater, WI 53190
Springbrook Apartments · Multifamily Property For Sale · 44 Units

PROPERTY FACTS

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 4.90 AC
Building Size 40,980 SF
No. Stories 2
Year Built 2008
Parking Ratio 1.27/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Patio
  • Window Coverings

SITE AMENITIES

  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Storage Space
  • Maintenance on site
  • Public Transportation

ABOUT 533-539 CAINE ST , WHITEWATER, WI 53190

The Springbrook Apartments provides a buyer with an excellent opportunity to own a newer construction, primarily student complex near the UW-Whitewater campus. The complex is comprised of 44 units, including studios/efficiencies, one-bedroom units, two-bedroom units and three-bedroom units. The two, three-story buildings were built in 2008 on 4.8 acres. Although the majority of the tenants are students, the units are rented on typical 12-month leases. Rents range from $709 for the studios to $1,509 for the three-bedroom/two bathroom units. The sizes range from 340 square feet to 1,267 square feet. Tenants pay for the heat and hot water. There are electric ptac units in the four studios/efficiencies and gas magic paks with central air conditioning in the remaining 40 units. The landlord pays for the water and sewer. Springbrook Apartments offers tenants many In-unit amenities which include a range, refrigerator, dishwasher, microwave, balcony and free internet and DirecTV. The 31 two and three-bedroom units also include an in-unit washer and dryer. Common area amenities include elevators, 16 storage units, on-site laundry facilities with owned machines, a fitness center, a community room and 50 underground parking spaces for $25/month. Located only a mile from the UW-Whitewater campus, Springbrook Apartments offers tenants an upscale living environment while still only being a short distance from the campus, downtown and shopping.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 $687.50 340 - 477
1+1 9 $837.50 460
2+1 3 $1,155 940
2+2 15 $1,180 953
3+2 13 $1,509 1,220
  • Listing ID: 13608012

  • Date on Market: 8/27/2018

  • Last Updated:

  • Address: 533-539 Caine St, Whitewater, WI 53190

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