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33278520
33278539

1324-1368 S Main Street, Lake Mills, WI 53551

KC
WI 58216-90, IL 471021473
Best Realty of Edgerton
Listed by Best Realty of Edgerton
$7,500,000
6 days on market
Updated 4 days ago

1324-1368 S Main Street

Details
APN 246-0713-2422-012
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 23
NOI $406,271
Year Built 2023
Acreage 2.560
Zoning R3-12
Parking Spaces 92 spaces

Multifamily | 23 Units

Marketing description

Exceptional investment opportunity featuring 23 multifamily units ideally located less than 30 miles from Madison and under 60 miles from Milwaukee. This desirable location offers strong rental appeal for commuters and residents seeking a charming small-town atmosphere. The property consists of six buildings, including five 4-unit buildings and one 3-unit building, all designed as conjoined duplex-style residences. Situated adjacent to the Glacial Drumlin State Trail and within close proximity to schools, parks, a golf course, and downtown amenities, this development offers an attractive lifestyle for tenants. Each unit features an open-concept floor plan, spacious primary bedroom suite with walk-in closet and walk-in shower, solid surface countertops, low-maintenance luxury vinyl plank flooring, and quality finishes throughout. Please refer to associated documents for financial information and additional property details. Some photos have been edited for marketing purposes.
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Listing Contacts

KC
WI 58216-90, IL 471021473
Best Realty of Edgerton
Listed by Best Realty of Edgerton

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$406,271.00
$33,855.92/mo

Valuation Metrics

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DSCR
5.42%
Cap Rate
5.42%
ROI

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