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Multifamily

Clay Street Apartments

221 Clay St, Montello, WI 53949

Listing Price: $339,000

Cap Rate
7.00%
Number of Units
5
GRM
7.29
Occupancy
100.0%
Price/Unit
$67,800
Price/Gross SF
$113.00
Gross SF
3,000

Investment Overview

Marcus & Millichap is pleased to offer the Clay Street Apartments, a five-unit property located in Montello Wisconsin. The property is one building sitting on over a acer of land and has a unit mix that consist of five one-bedroom one-bath apartments. Spacious 765-square-foot units that feature renovated vinyl plank flooring, renovated bathrooms, and large bedrooms. The kitchens have been
renovated with updated appliances, cabinets, and counters.
Montello is a city in and the county seat of Marquette County, Wisconsin, United States. Montello is located in central Wisconsin 60 miles north of Madison and 50 miles west of Fond Du Lac. The Fox River flows through the city and the property is located in close proximity to Buffalo Lake and Daggett Memorial Park.

Investment Highlights

  • Spacious Units with Value Add Potential in Renovations
  • Stabilized Property, Currently 100 Percent Occupied
  • Located in Close Proximity to Downtown

Exclusively Listed By

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Multifamily

Clay Street Apartments

Listing Price: $339,000

Cap Rate
7.00%
Number of Units
5
GRM
7.29
Occupancy
100.0%
Price/Unit
$67,800
Price/Gross SF
$113.00
Gross SF
3,000

Investment Highlights

  • Spacious Units with Value Add Potential in Renovations
  • Stabilized Property, Currently 100 Percent Occupied
  • Located in Close Proximity to Downtown

Investment Overview

Marcus & Millichap is pleased to offer the Clay Street Apartments, a five-unit property located in Montello Wisconsin. The property is one building sitting on over a acer of land and has a unit mix that consist of five one-bedroom one-bath apartments. Spacious 765-square-foot units that feature renovated vinyl plank flooring, renovated bathrooms, and large bedrooms. The kitchens have been renovated with updated appliances, cabinets, and counters. Montello is a city in and the county seat of Marquette County, Wisconsin, United States. Montello is located in central Wisconsin 60 miles north of Madison and 50 miles west of Fond Du Lac. The Fox River flows through the city and the property is located in close proximity to Buffalo Lake and Daggett Memorial Park.

Exclusively Listed By

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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