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Multifamily

699 Station & Wiedenbeck Warehouse

699 W Mifflin St, Madison, WI 53703

Listing Price: $23,000,000

Cap Rate
4.08%
GRM
14.61
Occupancy
100.0%

Investment Overview

699 Station Apartments and Wiedenbeck Warehouse Apartments, built in 1907 and
renovated in 1987, are apartment communities located in Madison, WI. The properties
are just six blocks west of Capitol Square and next to the Kohl Center at the University
of Wisconsin-Madison. 699 Station Apartments offers studio three one-bathroom units,
five one-bedroom one-bathroom units, twenty-nine two-bedroom two-bathroom units,
and two three-bedroom two-bathroom units. Wiedenbeck Warehouse Apartments offers
forty-two one-bedroom one-bathroom units, nine two-bedroom one-bathroom units, five
two-bedroom two-bathroom units, and one three-bedroom one-bath unit. Rents at 699
Station Apartments for studio units are $985, one-bedroom units are $1,025, twobedroom units' range between $1,550 and $1,595, and three-bedroom units are $1,990.
The landlord pay for heat and tenants are responsible for electric and gas and billed
back for water/sewer and trash removal. Rents at Wiedenbeck Warehouse Apartments
for one-bedroom units' range between $1,035 and $1,375, two-bedroom units' range
between $1,425 and $1,550, and three-bedroom units are $1,875. Tenants are
responsible for electric and gas and are billed back for water/sewer and trash
removal.

Investment Highlights

  • Excellent Location Just Six Blocks West of Capitol Square and Next to UW-Madison's Kohl Center
  • Two Underground Heated Garages, Courtyards, Sculptural Fountain in Reflecting Pool, and Rooftop Decks
  • 3xStudios, 47x1BR, 43x2BR, 3x3BR

Exclusively Listed By

Financing By

Multifamily

699 Station & Wiedenbeck Warehouse

Listing Price: $23,000,000

Cap Rate
4.08%
GRM
14.61
Occupancy
100.0%

Investment Highlights

  • Excellent Location Just Six Blocks West of Capitol Square and Next to UW-Madison's Kohl Center
  • Two Underground Heated Garages, Courtyards, Sculptural Fountain in Reflecting Pool, and Rooftop Decks
  • 3xStudios, 47x1BR, 43x2BR, 3x3BR

Investment Overview

699 Station Apartments and Wiedenbeck Warehouse Apartments, built in 1907 and renovated in 1987, are apartment communities located in Madison, WI. The properties are just six blocks west of Capitol Square and next to the Kohl Center at the University of Wisconsin-Madison. 699 Station Apartments offers studio three one-bathroom units, five one-bedroom one-bathroom units, twenty-nine two-bedroom two-bathroom units, and two three-bedroom two-bathroom units. Wiedenbeck Warehouse Apartments offers forty-two one-bedroom one-bathroom units, nine two-bedroom one-bathroom units, five two-bedroom two-bathroom units, and one three-bedroom one-bath unit. Rents at 699 Station Apartments for studio units are $985, one-bedroom units are $1,025, twobedroom units' range between $1,550 and $1,595, and three-bedroom units are $1,990. The landlord pay for heat and tenants are responsible for electric and gas and billed back for water/sewer and trash removal. Rents at Wiedenbeck Warehouse Apartments for one-bedroom units' range between $1,035 and $1,375, two-bedroom units' range between $1,425 and $1,550, and three-bedroom units are $1,875. Tenants are responsible for electric and gas and are billed back for water/sewer and trash removal.

Exclusively Listed By

Financing By

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