Presented by...
Kathy Good
Mobile: (608) 963-6412
Work: (608) 441-7777
[email protected]

0 Marian Drive,  Edgerton,  WI  53534 $169,000 Active
0 Marian Drive,  Edgerton,  WI  53534
$169,000
Active
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 Property Type Business/Commercial
 Parcel # 012 0230201
 County Rock
 Sub Area P11
 Municipality Fulton
 MLS# 1963807
 Listing Date 09/13/2023

MLS Public Remarks  Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of 10.89% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023. Financials listed for 2024 are estimates. 2023 financials are YTD with Q4 estimated.
Documents and Related Links  
1) Disclosure Report
2) Service Map
3) Financials
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Edgerton
  • C/T/V  Town
  • Unit #  
  • Directions  Hwy 59, S On Rock River Dr, E On Marian Dr
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  600
  • Net Leasable SqFt  0
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  20x30
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  2
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.09
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  Oakhill Water Works Inc
    • ASSESSMENT & TAXES  
  • Land Assessment  $9,800
  • Assessment Year  2023
  • Net Taxes  $147
  • Tax Year  2022
  • Improvements  $6,400
  • Total Assessment  $16,200
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,024
  • Gross Operating Income  $24,108
  • Annual Operating Exp  $3,771
  • Net Operating Income  $20,337
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 N/A N/A 0 $0 $0 $0 600
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Pressure tank, well, well pump, electronic system for well pump, piping.
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  No Heat
  • Water/Waste  No sewer, Well
  • Basement  Slab/None
  • Fuel  N/A
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Service
  • Exterior Treatment  Wood
  • Building Parking  1-5 spaces, Gravel, Onsite
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Inventory list, P & L statement
  • Location  Free standing, Residential area
  • Tenant Pays  N/A
  • Present Use  Service
  • Licenses  Other
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Covenants, Customer list, Easements, Equipment
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Best Realty Of Edgerton