MLS Public Remarks Location, Location, Location! Long time owner is ready to sell this 30 unit (20 units in one building & 10 units in another) close to Camp Randall Stadium, UW Foundation, UW vet labs & care, etc. Great occupancy history, some underground parking available, units are in great condition. Properties like these do not hit the market often!
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions South Of Campus Dr
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $3
Total Units/Bldg 30
Building Gross SqFt 12,474
Net Leasable SqFt 12,474
Year Built 1966
Source for Year Built PubR
Approx Bldg Dimen 66x229
Street Frontage 390
Parking Fees/Mo. $120
Onsite Parking 16
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning TR-U1
Est. Total Acres 0.35
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $165,000
Assessment Year 2023
Net Taxes $66,250
Tax Year 2023
Improvements $3,187,000
Total Assessment $3,352,000
Income/Expenses Year $0
Gross Operating Income $313,000
Annual Operating Exp $207,000
Net Operating Income $106,000
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
TBV |
TBV |
0 |
$800 |
$3 |
$0 |
330 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Hot Water Boiler, 3 Coin Operated Washer/Dryer & Each Unit Has: Refrigerator, Stove, Hood, Disposal
Items Excluded Sellers Personal Property
Heating/Cooling Window AC
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured concrete foundatn
Fuel Other
Seating Capacity Over 100 persons
Type Apartment building
Exterior Treatment Brick
Building Parking 11-20 spaces, Parking fee extra, Underground
Roofing Composition
Terms/Option
Miscellaneous
Documents on File
Location Free standing
Tenant Pays Electric
Present Use Apartment building
Licenses None
Lease Type Annual, Month to month
Occupied by Tenant(s)
Sale Includes N/A
Features Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Badger Realty Team