MLS Public Remarks Great investment opportunity with good rental history. Mostly long term tenants, month to month leases. 9 total rental spaces, 6 apartments, 3 store fronts, plus a laundromat. This property cash flows. Showing 1 apartment for 1st showings. Only will show all apartments to qualified and very interested parties. Newer rubber roof with approximately 2 feet of insulation above apartments. Renters pay for heat and electric. Owner pays water & sewer. See docs for list of rent/income.
Location Village
Other Marketing Area
Mailing City Blanchardville
C/T/V Village
Unit #
Directions Hwy 78 South From Mount Horeb To Blanchardville, Becomes Main Street. Property On Left Side Of Road, Located Across The Street From The Bank.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $2
Total Units/Bldg 2
Building Gross SqFt 21,000
Net Leasable SqFt 20,500
Year Built 999
Source for Year Built Slr
Approx Bldg Dimen 75x140
Street Frontage 75
Parking Fees/Mo. $0
Onsite Parking 4 stalls
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning commericia
Est. Total Acres 0.32
Source Of Est Acres
Lot Dimensions 75x174
Owner
Tradename
Land Assessment $31,800
Assessment Year 0
Net Taxes $4,144
Tax Year 2018
Improvements $152,500
Total Assessment $0
Income/Expenses Year $2,018
Gross Operating Income $39,900
Annual Operating Exp $13,144
Net Operating Income $26,756
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
month to m |
various |
0 |
$39,900 |
$2 |
$0 |
20,500 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded Seller's personal property
Heating/Cooling Central air, Forced air, Radiant, Wall AC, Window AC, Zoned heating
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Electric, Natural gas
Seating Capacity 11-20 persons
Type Apartment building, Office, Service
Exterior Treatment
Building Parking 1-5 spaces, Onsite
Roofing Rubber/membrane
Terms/Option
Miscellaneous
Documents on File P & L statement, Property Condition Report
Location Business district
Tenant Pays Air Conditioning, Electric, Heat
Present Use Apartment building, Office, Service
Licenses None
Lease Type Month to month
Occupied by
Sale Includes Other
Features Private office(s), Security system
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Century 21 Affiliated Pfister