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Meadow View Apartments 643 Meadow Ln 11 Unit Apartment Building $1,495,000 ($135,909/Unit) 7.31% Cap Rate Burlington, WI 53105
Investment Highlights
- Private unit entrances
- Private patios
- In-unit laundry
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,495,000 | Building Class | C |
| Price Per Unit | $135,909 | Lot Size | 0.68 AC |
| Sale Type | Investment | Building Size | 8,709 SF |
| Cap Rate | 7.31% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 2.53/1,000 SF |
| Apartment Style | Townhome |
| Price | $1,495,000 |
| Price Per Unit | $135,909 |
| Sale Type | Investment |
| Cap Rate | 7.31% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 8,709 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 2.53/1,000 SF |
Amenities
Unit Amenities
- Cable Ready
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Family Room
- Lawn
- Linen Closet
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+2 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | 206-031933250380 | Total Assessment | $485,000 |
| Land Assessment | $80,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $404,800 | Tax Year | 2024 |
Property Taxes
Parcel Number
206-031933250380
Land Assessment
$80,200
Improvements Assessment
$404,800
Total Assessment
$485,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Meadow View Apartments | 643 Meadow Ln
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