840 E Beacon Ave, New London, WI 54961
$1,650,000
MLS #: 1977639
Description of 840 E Beacon Ave, New London, WI 54961
Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.
Property Features of 840 E Beacon Ave, New London, WI 54961
Listing courtesy of: Marcus & Millichap-Milwaukee
TYPE
Multi Family
Multi Family
Year Built
2000
2000
Acres
.87
.87
Features
| Middle school: New London |
| Brick exterior |
| Lot acreage is: 0.87 |
| Lot sqft: 37897.2 |
| Lot zoned: R-2 |
| Public sewer |
| Public water |
| Tenant expenses: Sewer,Water,Electricity,Gas |
| For sale |