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Student Housing

90 E Gridley Ave

90 E Gridley Ave, Platteville, WI 53818

Listing Price: $1,025,000

Cap Rate
6.50%
Number of Units
10
Occupancy
96.0%
Price/Unit
$102,500
Price/Gross SF
$72.05
Gross SF
14,226

Investment Overview

Marcus & Millichap is pleased to present Pioneer Bluff Apartments. It comprises a 10-unit student housing apartment building at 90 East Gridley Avenue, City of Platteville, Grant County, Wisconsin. Platteville is the largest city in Grant County in southwestern Wisconsin. The apartment comprises a 0.70-acre parcel improved with a 10-unit apartment building. The building was constructed in 2001 and contains 14,226 S.F. (per assessor's office). It has a vinyl sided exterior and pitched roof with dimensional shingle covering. It has aluminum soffits, fascia, gutters, and downspouts. There are two units (approximately 700 square feet each) which comprise 2 bedrooms and 1 bath. The remaining eight units (about 1,200 square feet each) comprise 4 bedrooms and 2 bathrooms. A refrigerator, stove, dishwasher, and sleeve air conditioner are included in each unit. Each unit has a patio or airing balcony. Each unit has a laundry room with a washer and dryer provided by the Landlord. There is substantial surface parking on an asphalt paved lot. The tenants are responsible for their own electric and water/sewer. The property is about three minutes from the University of Wisconsin-Platteville campus.

Investment Highlights

  • Approximately one mile from the University of Wisconsin - Platteville campus.
  • Low maintenance exterior (vinyl siding with aluminum fascia, soffits, gutters, and downspouts)
  • Each unit includes a refrigerator, stove, dishwasher, and sleeve air conditioner.

Exclusively Listed By

Financing By

Listing Price: $1,025,000

Cap Rate
6.50%
Number of Units
10
Occupancy
96.0%
Price/Unit
$102,500
Price/Gross SF
$72.05
Gross SF
14,226

Investment Highlights

  • Approximately one mile from the University of Wisconsin - Platteville campus.
  • Low maintenance exterior (vinyl siding with aluminum fascia, soffits, gutters, and downspouts)
  • Each unit includes a refrigerator, stove, dishwasher, and sleeve air conditioner.

Investment Overview

Marcus & Millichap is pleased to present Pioneer Bluff Apartments. It comprises a 10-unit student housing apartment building at 90 East Gridley Avenue, City of Platteville, Grant County, Wisconsin. Platteville is the largest city in Grant County in southwestern Wisconsin. The apartment comprises a 0.70-acre parcel improved with a 10-unit apartment building. The building was constructed in 2001 and contains 14,226 S.F. (per assessor's office). It has a vinyl sided exterior and pitched roof with dimensional shingle covering. It has aluminum soffits, fascia, gutters, and downspouts. There are two units (approximately 700 square feet each) which comprise 2 bedrooms and 1 bath. The remaining eight units (about 1,200 square feet each) comprise 4 bedrooms and 2 bathrooms. A refrigerator, stove, dishwasher, and sleeve air conditioner are included in each unit. Each unit has a patio or airing balcony. Each unit has a laundry room with a washer and dryer provided by the Landlord. There is substantial surface parking on an asphalt paved lot. The tenants are responsible for their own electric and water/sewer. The property is about three minutes from the University of Wisconsin-Platteville campus.

Exclusively Listed By

Financing By

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