586 N Westmount Drive
Property Description
Excellent investment opportunity in one of Sun Prairie's most desirable areas!! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie's amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in~unit washer and dryer, and a private garage. Well~designed floor plans and strong rental appeal make this an attractive long~term investment, with market rents estimated at $1,750+/month per unit. At market rents, the property offers an attractive gross rent multiplier (~10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long~term appreciation. Seller is selling as part of a 1031 Exchange...
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $895,000 |
| No. of Units: | 4 |
| Year Built: | 2000 |
| Opportunity Zone: | No |
| Price per unit: | $223,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 8 |
ID: 3yd-SCWMLSWI-2035236
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout