Description
Fantastic value-add opportunity to own this turnkey 16-unit with 16 garages. incredibly well-kept and managed properties. (5) 1br units, (9) 2br units, (2) 3br units, 16 garages rented at $65/garage. 6 coin-op washers and dryers. four of the 2brs have private laundry rooms. new roofs on building and garages. seller expenses low due to self-managing. assuming normal expenses and increasing to market rents, property nearly an 8 cap! market rents show $18,430/mo. seller financing/owner financing on 1022 grandview also available! with full-price offer for 1021 grandview seller would also lease-option 16-unit at 1022 grandview(8 garages) at an option price of $1,675,000, $100,000 option fee and interest-only for 24 months. market rents show $16,500/mo. seller will manage for 6 months.
Property Type
Multi FamilyCounty
MonroeStyle
Apartment BuildingAD ID
47084508
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Property Details
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Exterior Features
Building Information
- Year Built: 2005
Other Information
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Property / Lot Details
Property Information
- Est. Acreage: 1
- City: Tomah
- County: Monroe
- Direction: East on E Veterans, South on Grandview
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Listing Information
Listing Price Information
- Original List Price: $1,825,000
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Taxes / Assessments
Tax Information
- Annual Tax: $20,827
- Tax Year: 2024
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School, Utilities & Location Details
School Information
- Middle School: Tomah
- High School: Tomah
- School District: Tomah Area
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BuyOwner last updated this listing 01/20/2025 @ 20:25
- MLS: 1894653
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Wisconsin - Metro MLS
is a Multifamily, with 0 bedrooms which is for sale, it has 751-1000 sqft, 1 sized lot, and Extra Space Avail.,Indoor Space,Outdoor Space parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Tomah , in zip code 54660, this Monroe County Multifamily are nearby neighborhoods.