Listed by Next Generation Construction
$559,900
1832-1834 W. Kyle Circle
Details
Property Type Multifamily
Square Footage 2,791
Units 2
NOI $35,838
Occupancy 50%
Pro-Forma Cap Rate 6.4%
Pro-Forma NOI $35,838
Price per SqFt $201
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 2
Investment Type Value Add
Occupancy Date 03/01/2026
Ownership Fee Simple
BRAND NEW CONSTRUCITON DUPLEX | $35,838 STABILIZED NOI | BELOIT, WI
Marketing description
This high-quality asset delivers modern three-bedroom, two-bathroom floor plans with attached two-car garages, designed to meet the expectations of today's renters seeking contemporary living, efficient layouts, and immediate proximity to the region's major transportation and employment corridors. The offering represents a compelling opportunity to acquire a stable, low-maintenance income producing property in one of southern Wisconsin's most accessible and economically diversified markets.
At stabilization, the property is projected to generate $4,400 in monthly rental income ($2,200 per unit), resulting in annual gross scheduled rent of $52,800 and a projected net operating income of $35,838.
Investment highlights
- BRAND-NEW CONSTRUCTION | MINIMAL LANDLORD RESPONSIBILITIES
- STRONG RENTAL FUNDAMENTALS WITH PROVEN DEPTH OF DEMAND
- ATTRACTIVE UNIT DESIGN FOR MODERN RENTERS
- STRATEGIC LOCATION WITH REGIONAL CONNECTIVITY
- ROBUST LOCAL EMPLOYMENT BASE
Listing Contacts
Listed by Next Generation Construction
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,838.00
$2,986.50/mo
Valuation Metrics
0
DSCR
6.4%
Cap Rate
6.4%
ROI
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