2848 W Wisconsin AVENUE Milwaukee, WI 53208

TWO BRICK BUILDINGS on 2 tax keys, total 63 Units in Downtown Milwaukee's Avenues West Neighborhood (Opportunity Zone 13500). Consists of 2 three-story buildings at the corner of 29th & Wisconsin. 60 of the units are one-bedroom, and 3 units are two-bedroom. FULLY OCCUPIED, and with a Resident Man...ager. This is a solid value-add opportunity because many rents are below market. Features 34 underground parking spaces that are under-utilized. Seller estimates 8.5 CAP today, but 10.5 CAP if owner keeps leasing new tenants at tested, successful higher market rent. Continue reading