Property Description for 0 Parkmeadow North, Beloit, WI 53511
GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.
- Number of Units: 22
- Type of Rental: 1 story, New/Never occupied, Other, Under construction
- Year Built: 2022
- Taxes: $0
- Tax Year: 2020
- County: Rock
- Elementary School: Call School District
- Middle School: Turner
- High School: Turner
- MLS Number: 1939749
Unit 1
- Beds: 3
- Baths: 2 f | 0 h | 0 q
- Parking: 2 Car Garage
- Sq Ft: 1,902
Unit 2
- Beds: 3
- Baths: 2 f | 0 h | 0 q
- Parking: 2 Car Garage
- Sq Ft: 1,784
Unit 3
- Beds: 3
- Baths: 2 f | 0 h | 0 q
- Parking: 2 Car Garage
- Sq Ft: 1,580
Unit 4
- Beds: 3
- Baths: 2 f | 0 h | 0 q
- Parking: 2 Car Garage
- Sq Ft: 1,400
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