Listing Courtesy: Compass Real Estate Wisconsin - 608-336-3311
Property Description
Investment Opportunity! Excellent income-producing property with 20 private office suites, broken down into 5 suites that could be rented together or all individual. Investors choice! Shared kitchen and restroom areas, and consistent tenant demand. Each office rents could rent for $400/month, generating approximately $96,000 in annual gross income. Estimated Financials: Gross Income: $96,000/year Expenses: • Land Lease: $26,400/year • Property Taxes: $8,929/year • Common Area: $1,200/year • Mortgage (est. $350,000 @ 6% / 25 yrs): $27,200/year Estimated Net Income: ˜ $32,271/year Solid opportunity for investors seeking strong cash flow, low maintenance, and steady returns.