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6972 N 43rd St 26 Unit Apartment Building $3,913,364 CAD ($150,514 CAD/Unit) 7.54% Cap Rate Milwaukee, WI 53209
Investment Highlights
- 26 Two Bedroom + Den Apartments
- Tenant paid utilities, landlord bills back water
- Ability to increase rent
- Townhouse Style Units
- Average in place rent $1,122
Executive Summary
Kiser Group is pleased to bring to market a 26-unit, townhouse-style apartment complex located in the Town & Country Manor neighborhood of Milwaukee. Each townhouse style unit features a private basement and dedicated parking space, as well as individual furnaces and water heaters. The units offer two bedrooms plus an additional bonus room, providing flexible living space. Multiple furnaces and water heaters have been replaced within the past two years. Tenants are responsible for their own utilities, while the landlord bills back water.
Property Facts
| Price | $3,913,364 CAD | Building Class | C |
| Price Per Unit | $150,514 CAD | Lot Size | 1.34 AC |
| Sale Type | Investment | Building Size | 35,804 SF |
| Cap Rate | 7.54% | Average Occupancy | 92% |
| No. Units | 26 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1967/2021 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM1 - Residential | ||
| Price | $3,913,364 CAD |
| Price Per Unit | $150,514 CAD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 35,804 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2021 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | RM1 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Basement
- Family Room
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Recycling
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Number | 123-1201-110-5 | Improvements Assessment | $2,632,860 CAD |
| Land Assessment | $247,920 CAD | Total Assessment | $2,880,781 CAD |
Property Taxes
Parcel Number
123-1201-110-5
Land Assessment
$247,920 CAD
Improvements Assessment
$2,632,860 CAD
Total Assessment
$2,880,781 CAD
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6972 N 43rd St
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