This affordable multi-family property provides tremendous income and an outstanding cap rate at 8.6%. The property has had an excellent rental history with very low vacancy. Rental rates are low for the Menomonee Falls-Sussex area, offering room for rental growth. Further, with some maintenance and a little sweat, the property could generate an even stronger income stream. The property consists of (14) 2 bedroom/1 bath units within 5 buildings which is situated on a large 5.5-acre site. Unit layout includes a kitchen, dining area, living room, 2 bedrooms & bathroom. The property is well located. Although in a country setting, it is just minutes from a major commercial node and the freeway system.
|Listing Type||For Sale|
|Days On Site||5|