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Listed by Dan Bowar Marcus & Millichap-Milwaukee
$ 1,650,000
Est. payment /mo
Active
840 E Beacon Ave New London, WI 54961
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1977639
Year Built 2000
Acres 0.87
Property Sub-Type Multi-Family
Property Description
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.
Location
State WI
County Waupaca
Zoning R-2
Rooms
Basement None
Exterior
Parking Features Indoor Space, Outdoor Space
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Brick
Schools
Middle Schools New London
School District New London
Others
Tax ID 333060600
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