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Investment Highlights

  • 36 Unit Portfolio in Strong Madison Location - 6% Cap Rate In Place
  • Proven Value Add Strategy - 28 of 36 units have been renovated
  • Mix of Large Townhomes + Garage and Apartments
  • Immediate 20% Return on Investment when Renovating Apartments

Executive Summary

Comprised of 20 Large Three Bedroom Townhome Units and 16 Two Bedroom Apartments
Proven Value Add Strategy - Nearly 20% Return on Renovated Apartments
New Balconies on Townhomes + Many Other Recent Improvements Including 28 of 36 Renovated Units
Comprised of 20 Large Three Bedroom Townhome Units and 16 Two Bedroom Apartments
Strong In Place Cash Flow and Opportunity to Drive Revenue
Attractive Submarket Fundamentals and Ideal Madison Location
Nine (9) Total Buildings - All Separate PINs; See Document for PINs and Addresses

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $9,622,680 CAD
Price Per Unit $267,297 CAD
Sale Type Investment
Cap Rate 6.02%
Gross Rent Multiplier 9.7
No. Units 36
Property Type
Multifamily
  • Multifamily Apartments
Building Size 36,000 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1961/2026
Parking Ratio 2.89/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 16 $1,714 CAD 785
3+1.5 20 $2,791 CAD 1,125
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0709-352-0709-7
  • 0709-352-0708-9
  • 0709-352-0707-1
  • 0709-352-0710-4
  • 0709-352-0706-3
  • 0709-352-0705-5
  • 0709-352-0711-2
  • 0709-352-0125-5
  • 0709-352-0104-9
Land Assessment
$1,133,495 CAD
Improvements Assessment
$5,879,740 CAD
Total Assessment
$7,013,235 CAD
  • Listing ID: 41267357

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 1109 Catalpa Cir, Madison, WI 53713

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