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| Listing Courtesy of Century 21 Affiliated Pfister |
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| Remarks: |
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| 32 unit apartment complex in Elkhorn. 16-1 bedroom, 14-2 bedroom, 2-3 bedroom units. Tenants pay electric heat. Large 2.5 acre lot. 4 washers and 4 dryers are leased. Property is in the USDA Rural Development Low Income Housing Program. Property is required to stay in the RD program until 12/6/2033. This RD program allows renting only to low income tenants. Rents are controlled. Profits limited to $3,304 per year. Must be professionally managed. Purchase: NO NEW LOANS can be taken on this property. Buyer assumes current mortgage of (approx. $17K balance) and brings cash to closing equal to difference between purchase price and mortgage balance. See documents for details. |
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Listing Information:
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Listing Provided Courtesy of Century 21 Affiliated Pfister
For more information, please call 1-877-233-7356
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| Square Feet: |
0 |
| Bedrooms: |
1 |
| Est. Age: |
1983 |
| Bathrooms: |
Full: 0 3/4: 0 1/2: 0 1/4: 0 |
| Garage: |
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| Style: |
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| MLS Number: |
1923893 |
| Taxes: |
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| Elementary School: |
Call School District |
| Middle School: |
Elkhorn Area |
| High School: |
Elkhorn Area |
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2024, South Central Wisconsin MLS Corporation. All rights reserved. |
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