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Listed by Nada Stojadinovic Keller Williams Realty-Lake Country
$ 1,495,000
Est. payment | /mo
1 Sqft Lot
$ 1,495,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1956392
Lot Size 1 Sqft
Acres 1.82
Property Sub-Type Multi-Family
Property Description
Market Square Cottages includes 2 well-maintained 6-unit buildings (2007, 2011 builds) offering ranch-style residences in a highly desirable rental community in central WI. Gross Operating Income: $162,660. Each ~1,000 sq ft unit features single-floor living and all appliances seller-owned, creating strong appeal among long-term residents. Adjacent self-storage facility is available for purchase as an additional investment opportunity. The property is fully occupied with a documented 2-yr waiting list and 4.9 years average tenancy - a testament to tenant satisfaction and community stability. This is a rare opportunity to acquire a stabilized, low-turnover asset with consistent occupancy and strong resident retention in a unique condo-style rental setting. Also MLS #1956392.
Location
State WI
County Waushara
Zoning MP
Rooms
Basement None
Interior
Inclusions (12) of each: Refrigerator, range and vent hood, dishwasher, garbage disposal, washer / dryer, electric garage door opener w/remote. (24) wall AC units, 2 per residence.
Exterior
Parking Features Indoor Space, Outdoor Space
Exclusions Tenants personal property. Sellers personal property in mechanical rooms.
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Low Maintenance Trim,Vinyl
Schools
Middle Schools Parkside
High Schools Wautoma
School District Wautoma Area
Others
Tax ID 291034311110
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