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5949-5951 S 118th St
Hales Corners, WI 53130
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Building Size | 9,063 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.46 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 9,063 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.1/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Basement
- Double Pane Windows
- Patio
SITE AMENITIES
- Property Manager on Site
- Maintenance on site
ABOUT 5949-5951 S 118TH ST , HALES CORNERS, WI 53130
This is a rare opportunity to own in beautiful much sought after Hales Corners. Nothing ever turns over their. Current owner has owned for decades and is trading up. Solid all brick building. Dry basement with storage for tenant. Easily maintained electric heat ( tenant pays) . No more high water bills as it has its own well ( city sewer). Nestled among single family owner occupied homes. Private park like yard within walking distance to park, school and library. Long term tenants (8-31 years). Onsite caretaker( 20 years +) Upside in rents very possible. Newer vinyl replacement windows, extremely quite building with 1 bedroom units throughout. Shed onsite with lawn and snow equipment.Double digit return not even counting the strong appreciation of values in the area. MAKE OFFER, seller in starker exchange.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $625.00 | - |
PROPERTY TAXES
| Parcel Number | 702-9992-004 | Improvements Assessment | $599,900 |
| Land Assessment | $100,000 | Total Assessment | $699,900 |
PROPERTY TAXES
