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820-823 S 22nd St

8 Unit Block of Flats £395,005 (£49,376/Unit) Milwaukee, WI 53204

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Investment Highlights

- Eight (8) 1-bedroom apartments under market rents
- Large living and dining room space

- Proforma cap rate: 8.9%

Executive Summary

KISER GROUP is pleased to bring a to market an eight (8)-unit all brick building in the Clarke Square neighborhood of Milwaukee, WI. All of the units are one-bedroom units. There are five (5) parking spaces, two (2) of which are from a garage. This is a value-add opportunity.

Property Facts

Price	£395,005	Building Class	C
Price Per Unit	£49,376	Lot Size	0.16 AC
Sale Type	Investment	Building Size	7,000 SF
No. Units	8	Number of Floors	2
Property Type	Residential	Year Built	1927
Property Subtype	Apartment	Parking Ratio	0.71/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£395,005
Price Per Unit	£49,376
Sale Type	Investment
No. Units	8
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.16 AC
Building Size	7,000 SF
Number of Floors	2
Year Built	1927
Parking Ratio	0.71/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.