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The Kenmore 805 N 22nd St 16 Unit Apartment Building $2,722,044 CAD ($170,128 CAD/Unit) 7.80% Cap Rate Milwaukee, WI 53233
INVESTMENT HIGHLIGHTS
- 16 Units
- Central Air
- Large Three-Bedroom Floorplans
- Individual Furnaces
EXECUTIVE SUMMARY
Available individually or as part of The Marquette Portfolio, The Kenmore is a 16 unit building located in immediate proximity to Marquette University's campus. The property has LARGE three-bedroom floorplans alongside inviting common areas. The North half of the roof was replaced in 2019. The property offers upside in trimming expenses and continuing to professionally operate.
PROPERTY FACTS
| Price | $2,722,044 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $170,128 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 7.80% | Building Size | 35,691 SF |
| No. Units | 16 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1903 |
| Property Subtype | Apartment | ||
| Zoning | RM4 | ||
| Price | $2,722,044 CAD |
| Price Per Unit | $170,128 CAD |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 35,691 SF |
| No. Stories | 4 |
| Year Built | 1903 |
| Zoning | RM4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- High Speed Internet Access
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 16 | - | 1,100 - 1,350 |
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Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 389-1604-000-5 | Improvements Assessment | $2,053,655 CAD |
| Land Assessment | $25,404 CAD | Total Assessment | $2,079,060 CAD |
PROPERTY TAXES
Parcel Number
389-1604-000-5
Land Assessment
$25,404 CAD
Improvements Assessment
$2,053,655 CAD
Total Assessment
$2,079,060 CAD
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The Kenmore | 805 N 22nd St
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