840 E Beacon Avenue, New London, WI 54961
- $1,650,000
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- METRO-1977639
- Style
- Apartment Building
- Year Built
- 2000
- Full Baths
- 2
- Lot Size
- 37,897
- Acres
- 0.87
Property Description
Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.
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Additional Information
- Taxes
- $8,908
- Property Description
- Apartment Building
- Appliances
- Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
- Exterior Features
- Brick/Stone, Brick
- Parking
- Outdoor Space, Inside Parking, Outside
- Garage
- Indoor Space
- School District
- New London
- Middle School
- New London
Courtesy of Marcus & Millichap-Milwaukee
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