Multifamily

2937 North Bartlett

2937 N Bartlett Ave, Milwaukee, WI 53211

Listing Price: $850,000

Cap Rate
5.58%
Number of Units
8
GRM
9.40
Occupancy
97.0%
Price/Unit
$106,250
Price/Gross SF
$81.72
Gross SF
10,401

Investment Overview

Marcus & Millichap is pleased to present 2937 North Bartlett Avenue in Milwaukee, Wisconsin.

Constructed in 1928, 2937 Bartlett is an eight unit apartment building. Of the eight units, 6 units are two bedroom/one bathroom and 2 units are one bedroom/one bathroom. As of December 1st, the property is 100 percent occupied. Current ownership replaced the roof in 2018. Garage parking for 5 cars are available for an additional $35/month. Ownership pays for heat, water/sewer, with tenants paying for their individual electric.

Investment Highlights

  • Desirable Upper East Side Milwaukee Location
  • 100 Percent Occupied
  • New Roof (2018)
  • Old World Charm Interior

Exclusively Listed By

Listing Price: $850,000

Cap Rate
5.58%
Number of Units
8
GRM
9.40
Occupancy
97.0%
Price/Unit
$106,250
Price/Gross SF
$81.72
Gross SF
10,401

Investment Highlights

  • Desirable Upper East Side Milwaukee Location
  • 100 Percent Occupied
  • New Roof (2018)
  • Old World Charm Interior

Investment Overview

Marcus & Millichap is pleased to present 2937 North Bartlett Avenue in Milwaukee, Wisconsin.

Constructed in 1928, 2937 Bartlett is an eight unit apartment building. Of the eight units, 6 units are two bedroom/one bathroom and 2 units are one bedroom/one bathroom. As of December 1st, the property is 100 percent occupied. Current ownership replaced the roof in 2018. Garage parking for 5 cars are available for an additional $35/month. Ownership pays for heat, water/sewer, with tenants paying for their individual electric.

Exclusively Listed By

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