Listing Courtesy of: PropertyInfo@shorewest.com - Bob Sefiddashti - Shorewest Realtors, Inc.
262-255-2800
$1,325,000
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W220N9009 Town Line ROAD Menomonee Falls, WI 53051
Multi-Family
Residence
Beds
Baths
9,360
Sq. Ft.
5.29
Acre
Lot
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This tremendous Multi-Family property generates cash flow with 9.5 cap rate, low vacancy and sits on 5.29 acres in the Town of Lisbon. The property consists of 5 buildings (14 units) & 36 outside parking spaces. Units w/similar layouts include; living room, kitchen, dining area, 2 BRs & 1 BA. Since... 2020 seller has done extensive updates on the property including; new roof on all buildings (2023), updated approx. 12 units with new cabinets, appliances, countertops, flooring, bathrooms, new asphalt for parking lots, 1 new septic system & many units w/new mechanicals, windows, & all exterior doors. Property has potential for more development w/5.29 acres of land & rent increase. Tenants pay gas, electric & heat. Great location & minutes from shopping, entertainment & the freeway system.
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MLS#
WIREX_METRO1888464
Property Type
Multi-Family
Year Built
1940
Square Feet
9,360
sq. ft
Lot Size
5.29
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