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0 Parkmeadow North

Beloit, WI 53511
  • $6,200,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: 1939749
UPDATED: 151 min ago
$6,200,000
  • 0
    BEDS
  • 7.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2022
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing courtesy of Best Realty Of Edgerton

Description

GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.

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© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Shine. Data last updated: 2022-09-27T23:41:31.23.
www.housesthatshine.com/homes/131090189
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0 Parkmeadow North Beloit, WI 53511

  • Price: $6,200,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 151 min ago
  • ID#: 1939749
0
Beds
0
Baths
0
½ Baths
7.17
Acres
2022
Built
Neighborhood:
Parkmeadow North
County:
Rock
Area:
Beloit - C
Elementary School:
Call School District
Middle School:
Turner
High School:
Turner
School District:
Beloit Turner
Property Description
GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.
Exterior Features

Exterior StoneVinyl Type 1 StoryOtherNew/Never OccupiedUnder Construction Unit1 Parking 2 Car Garage Unit2 Parking 2 Car Garage Unit3 Parking 2 Car Garage Unit4 Parking 2 Car Garage

Interior Features

Basement FullPoured Concrete FoundatnSump Pump Clothes Dryers 0 Clothes Washers 0 Dish Washers 22 Heating Type Forced Air Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 22 Number Of Two Bedrooms 0 Refrigerators 0 Stoves 22 Unit1 Dining RoomBalcony/PatioAir ConditioningRange/OvenDishwasherIndividual Heat ControlPrimary Bedroom BathIn-Unit LaundryWood Or Sim. Wood FloorPantryPrivate Basement Unit1 Bedroom2 Dim 14X13 Unit1 Bedroom3 Dim 12X12 Unit1 Bedrooms 3 Unit1 Dining Room Dim 13X11 Unit1 Full Baths 2 Unit1 Half Baths 0 Unit1 Kitchen Dim 21X13 Unit1 Living Great Room Dim 20X16 Unit1 Master Bedroom Dim 16X13 Unit1 Other Room Dim 9X9 Unit1 Sq Ft 1902 Unit2 Dining RoomBalcony/PatioAir ConditioningRange/OvenDishwasherWood Or Sim. Wood FloorIndividual Heat ControlPrimary Bedroom BathIn-Unit LaundryPantryPrivate Basement Unit2 Bedroom2 Dim 12X11 Unit2 Bedroom3 Dim 12X10 Unit2 Bedrooms 3 Unit2 Dining Room Dim 14X10 Unit2 Full Baths 2 Unit2 Half Baths 0 Unit2 Kitchen Dim 23X13 Unit2 Living Great Room Dim 22X13 Unit2 Master Bedroom Dim 14X12 Unit2 Other Room Dim 7X7 Unit2 Sq Ft 1784 Unit3 Eat-In KitchenBalcony/PatioAir ConditioningRange/OvenDishwasherWood Or Sim. Wood FloorIndividual Heat ControlPrimary Bedroom BathIn-Unit LaundryPantryPrivate Basement Unit3 Bedrooms 3 Unit3 Full Baths 2 Unit3 Half Baths 0 Unit3 Sq Ft 1580 Unit4 Eat-In KitchenBalcony/PatioAir ConditioningRange/OvenDishwasherWood Or Sim. Wood FloorIndividual Heat ControlPrimary Bedroom BathIn-Unit LaundryPantryPrivate Basement Unit4 Bedrooms 3 Unit4 Full Baths 2 Unit4 Half Baths 0 Unit4 Sq Ft 1400 Units With AC 22

Property Features

Association Rock/Green Barrier Free Open Floor PlanFirst Floor BedroomFirst Floor Full BathStall ShowerLevel DriveLevel Lot City Town Or Village City County Quarter Rock Se Fuel Natural Gas Furnaces 22 Legal Documents Certificate Of OccupancyRestrictions/Covenants Mailing City Beloit Miscellaneous Internet - Cable Net Taxes 0 Open House No Park Unit 2 Stall GarageAttachedOpener inc Source Acreage Assessor Tax Year 2020 Total Income 0 Unit1 Rent 0 Unit2 Rent 0 Unit3 Rent 0 Unit4 Rent 0 Utilities Separate Elec MetersSeparate Gas MetersSeparate Water Meters Water Heaters 22 Water Softeners 0 Water Waste Municipal SewerMunicipal Water Year Built Source Seller Zoning Res

Listing information © 2022 South Central Wisconsin MLS.
Listing provided courtesy of Best Realty Of Edgerton: [IDXCONTACTINFORMATION].



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Shine. Data last updated: 2022-09-27T23:41:31.23.
 
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101 N Main St.
Jefferson WI, 53549
Listing courtesy of Best Realty Of Edgerton