Property Description

GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.

Features
: Forced Air
Address Map
USA
WI
Rock
Beloit
53511
Parkmeadow North
0
W90° 59' 45''
N42° 32' 5.6''
Prairie Ave, E on W Hart Rd, S on Claremont Dr
Parkmeadow North
Importer Addon
Best Realty of Edgerton
Carrier
22
Turner
Turner
Beloit Turner
2020
: Separate Elec Meters, Separate Gas Meters, Separate Water Meters
346
10378

Multi Family For Sale

0 Parkmeadow North, Beloit, Wisconsin 53511

7.17 Acre
$6,200,000
Listing ID #1939749
Basic Details
Property Type : Multi Family
Listing Type : For Sale
Listing ID : 1939749
Price : $6,200,000
Half Bathrooms : 1784
Year Built : 2022
Lot Area : 7.17 Acre
Status : Active
Agent info
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