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6972 N 43rd St 26 Unit Apartment Building $3,937,255 CAD ($151,433 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 | $3,937,255 CAD | Building Class | C |
| Price Per Unit | $151,433 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 | $3,937,255 CAD |
| Price Per Unit | $151,433 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
- Courtyard
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6972 N 43rd St
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