Multi-Family•Low-Rise/Garden•For Sale

8-Unit Multi-Family

N4300 Park Rd, Cambridge, Wisconsin 53523

Sale Price $739,000
Sale Type Investment
Zoning Res
Year Built 1995
Stories 2
Cap Rate 6.85%
Gross Bldg 8,000 SqFt
Land Area 1.25 Acres
Project Size 8
Net Op Inc $50,633
Well maintained 8-unit Multifamily in wooded setting next to Ripley Park in picturesque Cambridge, WI. All units are 2 bedroom, include a 1 car detached garage and 2nd floor units have vaulted ceilings & skylights. Water pressure tanks replaced in 2015, all units have updated flooring and 4 units have been fully updated. Property has well water, landlord pays sewer & trash, tenants pay all other utilities. Located just off Hwy 12 on Park Rd between Ripley Park and Lake Ripley Country Club.
  • 8-Unit 2-bedroom Multifamily
  • Wooded setting next to Ripley Park
  • Well maintained, 4 units fully updated
  • Stable rental history / fully leased
  • Live there and rent possibility
5/15/2019 9:34:12 PM 5/15/2019 9:34:12 PM
Dan Roseliep, CPM
Managing Director | Partner
Altus Commercial

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