Multifamily

Gallatin Apartments

2515 N Wauwatosa Ave, Wauwatosa, WI 53213

Listing Price: $7,000,000

Cap Rate
5.83%
Number of Units
27
Price/Unit
$259,259
Price/Gross SF
$336.49
Gross SF
20,803

Investment Overview

The Gallatin Apartments are new as of 2020 and were built with luxury in mind. The studio, one and two bedroom units include stainless steel kitchen appliances, hardwood cabinets, granite countertops, marble bathrooms, high ceilings, in-unit washers and dryers, massive private balconies and private entrances on select units. Tenants also enjoy the use of the heated underground parking (fee based), the rooftop deck with grill, private bike racks, fitness center and private dog run. Tenants pay for their individual heat, hot water, electric and they reimburse for water and sewer. Total anticipated return is over 12 percent.

Investment Highlights

  • 2020 Construction with Luxury Finishes
  • Excellent Wauwatosa Location; Metro Milwaukee Suburb
  • Tenants Pay Utilities

Exclusively Listed By

Listing Price: $7,000,000

Cap Rate
5.83%
Number of Units
27
Price/Unit
$259,259
Price/Gross SF
$336.49
Gross SF
20,803

Investment Highlights

  • 2020 Construction with Luxury Finishes
  • Excellent Wauwatosa Location; Metro Milwaukee Suburb
  • Tenants Pay Utilities

Investment Overview

The Gallatin Apartments are new as of 2020 and were built with luxury in mind. The studio, one and two bedroom units include stainless steel kitchen appliances, hardwood cabinets, granite countertops, marble bathrooms, high ceilings, in-unit washers and dryers, massive private balconies and private entrances on select units. Tenants also enjoy the use of the heated underground parking (fee based), the rooftop deck with grill, private bike racks, fitness center and private dog run. Tenants pay for their individual heat, hot water, electric and they reimburse for water and sewer. Total anticipated return is over 12 percent.

Exclusively Listed By

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