Mini Marquette Block 5 Properties Offered at $902,500 in Milwaukee, WI
INVESTMENT HIGHLIGHTS
- 7 Units
- Two & Three-Bedroom Floorplans
- Income Producing Parking Lot - 61 Spots
- Three Buildings & Three Lots
- Maple - Newer Roof (2022)
EXECUTIVE SUMMARY
Available individually or as part of The Marquette Portfolio, the Mini Marquette Block is a packaged portfolio of three buildings and three lots. The three buildings offer a mix of two & three-bedroom units while the lots are comprised of two residential lots and one income-prodcuing parking lot.
The property offers upside in trimming expenses and continuing to professionally operate while shifting to a larger focus in renting the parking lot to community citizens.
The property offers upside in trimming expenses and continuing to professionally operate while shifting to a larger focus in renting the parking lot to community citizens.
PROPERTY FACTS
| Price | $902,500 |
| Price / SF | $120.45 / SF |
| Cap Rate | 6.37% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 7,493 SF |
| Total Land Area | 100.33 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2112 Wells st, Milwaukee, WI 53233 | Land | 100.00 AC | - | - |
| 2103-2113 W Kilbourn Ave, Milwaukee, WI 53233 | Land | 0.10 AC | - | - |
| 819-821 N 21st St, Milwaukee, WI 53233 | Multifamily | 4,056 SF | 1917 | - |
| 2128 W Wells St, Milwaukee, WI 53233 | Specialty | 2,557 SF | 1917 | - |
| 853 N 21st St, Milwaukee, WI 53233 | Specialty | 880 SF | 1856 | - |
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