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2001 Pike Dr,  Fitchburg,  WI  53713 $1,750,000 Sold
2001 Pike Dr,  Fitchburg,  WI  53713
$1,750,000
Sold
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 Property Type Multi Family
 Parcel # 060903123140
 County Dane
 Sub Area W19
 Municipality Fitchburg
 MLS# 1884181
 Listing Date 05/27/2020
 Sold Price $1,675,000
 Close Date 07/31/2020 12:00 AM

MLS Public Remarks  The Windbrair Apartments is a two-story complex consisting of (16) one-bedroom units and (8) two-bedroom units in Fitchburg, Wisconsin, located within the Madison MSA. Windbrair is currently 100% occupied and has a history of low vacancy rates. The existing rent are extremely competitive within the market, allowing for future upside potential. The property provides for 31 onsite parking spaces and each unit has a balcony or patio.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Fitchburg
  • C/T/V  City
  • Unit #  
  • Directions  Https://Goo.gl/Maps/9usigsneuupkkjyv8
    • BUILDING INFO  
  • Number of Units  24
  • Year Built  1973
  • # Furnaces  0
  • Heating Type  1 Other
  • Heating Fuel  1Other
  • # Water Heaters  1
  • # Water Softeners  0
  • # Stoves  24
  • # Refrigerators  24
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  24
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  16
  • Number of 2 Bedrooms  8
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Cherokee
  • Elementary  Leopold
  • Land Assessment  $360,000
  • Improvements  $1,035,000
  • Total Assessment  $1,395,000
  • Net Taxes  $31,734
  • Assessment Year  2019
  • Tax Year  2016
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  RM
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  1.05
  • Source for Est. Total Acres  Slr
    • UNIT INFORMATION  
  • Unit 1  
  • Unit 2  
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 0/0/000 $0 0 1 Space No Yes Yes
    2 0 0 0 - $0 0 - - - -
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  None
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Brick
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Key Commercial Real Estate, Llc