MLS Public Remarks This property provides a rare opportunity for an investor or developer. Each unit is spacious and includes private entry, private garage and finished basement. Buyer can opt to hold this as income property or may be able to potentially sell the units as individual condos. All units are individually metered and have been impeccably maintained w/many updates. See list of improvements. Lease end dates for additional units: 1236-5/24 ($1925), 1240-7/24 ($1925), 1244-6/25 ($2025). 1248 is owner-occupied (rent est. $2200). Units are considered to be identical floor plan and square footage is estimated at 2330 per unit. Other units in the area are renting as high as $2,200. Square footage estimated and should be verified by buyer if essential.
Location City
Other Marketing Area
Mailing City Sun Prairie
C/T/V City
Unit #
Directions From U.s. 151, Exit North On Reiner Rd. Turn Left On Prairie Lakes Dr. And Continue Straight Onto Triumph Dr. Turn Left Onto Prospect Commons.
Number of Units 8
Year Built 2007
# Furnaces 8
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 8
# Water Softeners 8
# Stoves 8
# Refrigerators 8
# Dish Washers 8
# Washers 8
# Dryers 8
# Units w/AC 8
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 8
Total Income 0
Total Expenses 69361
Net Operating Inc 113894
Year 2023
School District Sun Prairie
High School Sun Prairw
Middle Prairie View
Elementary Horizon
Land Assessment $176,000
Improvements $1,586,300
Total Assessment $1,762,300
Net Taxes $28,835
Assessment Year 2023
Tax Year 2022
Owner
Zoning Res Income
Subdivision
Name of Lake/River
Est. Total Acres 0.57
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Den/office, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
Unit 2 Air conditioning, Balcony/patio, Den/office, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
Unit 3 Air conditioning, Balcony/patio, Den/office, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
Unit 4 Air conditioning, Balcony/patio, Den/office, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
3 |
2 |
2 |
10/31/2024 |
$1925 |
2,330 |
2 Car Garage |
No |
No |
No |
2 |
3 |
2 |
2 |
04/30/2025 |
$2000 |
2,330 |
2 Car Garage |
No |
No |
No |
3 |
3 |
2 |
2 |
07/31/2024 |
$2150 |
2,330 |
2 Car Garage |
No |
No |
No |
4 |
3 |
2 |
2 |
07/31/2024 |
$1925 |
2,330 |
2 Car Garage |
No |
No |
No |
Items Included Refrigerator (8), Range/oven (8), Washer (8), Dryer (8), Water Softener (8).
Items Excluded Tenants' and owner's personal property.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Partially finished, Poured Concrete Foundation
Type 2 story, Apartment building, Townhouse style units
Parking per Unit 2 Car garage, 2 spaces, Detached, Opener inc, Outside
Barrier-free Features
Exterior Brick, Fiber Cement, Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit, Separate water meters
Legal Documents Condition report on file
Miscellaneous Close to bus line, Internet - Cable, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Assist 2 Sell Homes 4 You Realty