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68 E Ash Ln - 68-70 E. Ash Lane 2 Unit Apartment Building Offered at $819,470 CAD Milton, WI 53563
Investment Highlights
- BRAND-NEW CONSTRUCTION | MINIMAL LANDLORD RESPONSIBILITIES
- ATTRACTIVE UNIT DESIGN FOR MODERN RENTERS
- STRATEGIC LOCATION WITH REGIONAL CONNECTIVITY
- STRONG RENTAL FUNDAMENTALS WITH PROVEN DEPTH OF DEMAND
- SUPPLY-CONSTRAINED MARKET
- ROBUST LOCAL EMPLOYMENT BASE
Executive Summary
This high-quality asset delivers modern three-bedroom, two-bathroom floor plans with attached two-car garages, designed to meet the expectations of today's renters seeking contemporary living, efficient layouts, and immediate proximity Janesville, Fort Atkinson, and the I-39/90 corridor. The offering represents a compelling opportunity to acquire a stable, low-maintenance income producing Property in one of Rock County's most supply-constrained rental submarkets.
At stabilization, the Property is projected to generate $4,400 in monthly rental income ($2,200 per unit), resulting in annual gross scheduled rent of $52,800 and a projected net operating income of $33,952.
At stabilization, the Property is projected to generate $4,400 in monthly rental income ($2,200 per unit), resulting in annual gross scheduled rent of $52,800 and a projected net operating income of $33,952.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$47,237
|
$16.84
|
Financial Summary (Pro Forma - 2026)
| 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 | $47,237 |
| Annual Per SF | $16.84 |
Property Facts
| Price | $819,470 CAD | Building Size | 2,805 SF |
| Price Per Unit | $409,735 CAD | Average Occupancy | 50% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 2026 |
| Property Type | Multifamily |
| Price | $819,470 CAD |
| Price Per Unit | $409,735 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,805 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 2026 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $3,061 CAD | 1,355 - 1,450 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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68 E Ash Ln - 68-70 E. Ash Lane
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