For additional information about this listing,please contact
Carolyn Doering
Mobile: (608) 284-0277
Work: (608) 441-7777
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930/932/934 Iowa Ave,  Wisconsin Dells,  WI  53965 $1,500,000 Sold
930/932/934 Iowa Ave,  Wisconsin Dells,  WI  53965
$1,500,000
Sold
More Photos
 Property Type Multi Family
 Parcel # 11291 1151, 11291 1
 County Columbia
 Sub Area B33
 Municipality Wisconsin Dells
 MLS# 1890821
 Listing Date 08/13/2020
 Sold Price $1,425,000
 Close Date 11/02/2020 12:00 AM

MLS Public Remarks  Don't miss out on this Turn-Key investment opportunity at Heritage Hill Apartments. Great neighborhood location near school and municipal tennis courts. These three buildings are perfectly maintained and fully leased with rents below current market rate. Each building has (2) 1 bedroom units and (4) 2 bedroom units for a total of 18 apartment units. Parking lot in rear of building has been recently resurfaced. Building 1 built in 1989, Building 2 built in 1994, Building 3 built in 2003. Roofs replaced in 2012. Each building offers a coin operated laundry area for extra earning potential. No pets ever allowed in units. AC units not provided by owner/seller and are individually owned and maintained by tenants.
Documents and Related Links  
1) RECR
2) Parking Space Map
3) Tax Parcel Map
4) Tax Parcel Map
5) NDA
6) Broker Disclosure to Non-Residential Customers
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Wisconsin Dells
  • C/T/V  City
  • Unit #  
  • Directions  Broadway Hwy 23 Thru The Dells To South On Bowman Rd To Iowa Ave.
    • BUILDING INFO  
  • Number of Units  18
  • Year Built  1989
  • # Furnaces  0
  • Heating Type  1 Other
  • Heating Fuel  Elec
  • # Water Heaters  18
  • # Water Softeners  0
  • # Stoves  18
  • # Refrigerators  18
  • # Dish Washers  0
  • # Washers  6
  • # Dryers  6
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  6
  • Number of 2 Bedrooms  12
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  89740
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Wisconsin Dells
  • High School  Wisconsin Dells
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $102,600
  • Improvements  $970,600
  • Total Assessment  $1,073,200
  • Net Taxes  $24,516
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R-3
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  1.04
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  Air conditioning, Balcony/patio, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
  • 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 1 1 0 varies $595 635 1 Space No No No
    2 2 1 0 varies $695 995 2 Space No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included All unit appliances including 18 stoves/ranges, 18 refrigerators, 6 coin operated washers, 6 coin operated dryers, 2 dehumidifiers, storage shed, push lawnmower, garbage dumpster, window blinds and vertical patio door blinds.
    Items Excluded  Tenant's personal items/belongings.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  None
    • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  1 space, 2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Aluminum/Steel, Brick, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Separate water meters
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Hi-Speed Internet Avail, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed