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615 Mount Nemo Ave - 615 Mt. Nemo Ave, Eau Claire WI 54703 6 Unit Apartment Building Offered at $826,788 CAD at a 6.80% Cap Rate Eau Claire, WI 54703
Investment Highlights
- Stable scale at 6 units easier to manage/finance
- Good tenant retention due to proximity to retail and bus line
- Strong historical occupancy rate
- Some new flooring
Executive Summary
Offered is a maintained 6-unit apartment building located in a strong multifamily corridor with a proven strong historical occupancy record. Situated in a conforming multifamily area, this property benefits from consistent rental demand and long-term investment stability due to it being located on a public bus route and within close proximity to grocery stores, shopping, and retail amenities, offering excellent accessibility and everyday convenience for tenants. Ideal opportunity for investors seeking steady cash flow in a highly rentable location. Don't miss this opportunity for this property offering a stable scale at 6 units which is easier to manage/finance.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| 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 - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 1 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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615 Mount Nemo Ave - 615 Mt. Nemo Ave, Eau Claire WI 54703
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