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586 N Westmount Drive, Sun Prairie, WI 53590

$895,000
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Listing courtesy of Stark Company, REALTORS.

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List Price
$895,000
MLS#
2035236
Status
ACTIVE
Year Built
2000
County
Dane
Municipality
Sun Prairie
Acres
0.39
Subdivision
Wyndham Hills
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(715) 424-0000

Property Description

Excellent investment opportunity in one of Sun Prairie?s most desirable areas! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie?s amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in-unit washer and dryer, and a private garage. Well-designed floor plans and strong rental appeal make this an attractive long-term investment, with market rents estimated at $1,750+/month per unit. At market rents, the property offers an attractive gross rent multiplier ( 10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long-term appreciation. Seller is selling as part of a 1031 Exchange.

(715) 424-0000
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Additional Information

TotalTaxes
$14,512
Utilities
Separate Electric Meters
Parking
1 Space
Basement
None / Slab, Poured Concrete
Exterior
Vinyl, Brick
Heating / Cooling
Separate Electric Meters
Garage Description
1 Car, Attached
Garage Spaces
1
School District
Sun Prairie
Elementary School
Horizon
Middle School
Prairie View
High School
Sun Prairie West
Courtesy Of
Stark Company, REALTORS
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