0 Parkmeadow North, Beloit, WI 53511
BD: 0
BA: 2
$6,110,000
Sold

0 Parkmeadow North, Beloit, WI 53511

$6,110,000

$6,110,000

Features

  • Residential Income
  • Status: Sold
  • County: Rock
  • 0 Full Bathrooms
  • Acreage: 7.17
  • Subdivision: Parkmeadow North
  • Elementary School: Call School District
  • Middle School: Turner
  • High School: Turner
  • Property Taxes: $0
  • Property Tax Year: 2020
  • MLS#: 1939749
  • Listing Company: Best Realty Of Edgerton
  • Zip Code: 53511
  • Number of Units: 22
  • Unit 1 Parking: 2 Car Garage
  • Unit 2 Parking: 2 Car Garage
  • Unit 3 Parking: 2 Car Garage
  • Unit 4 Parking: 2 Car Garage

Property Description

0 Parkmeadow North, Beloit, WI 53511 - 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.

  • Additional features

    Basement

    • Full, Poured Concrete Foundation, Sump pump

    Interior Features

    • Water Waste: Municipal sewer, Municipal water
    • Inclusions: 22 stoves (gas), 22 microwaves, 22 dishwashers, 22 garage openers (w/ remotes), 22 patio/decks (patio if no exposure, deck if exposure). Towel bars, toilet paper holders & mirror(s) in all bathrooms. Blacktop driveway, A/C.

    Building and Construction

    • 1 story, New/Never occupied, Other, Under construction
    • Construction Type: E

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    1939749 Sold Offer-No Show Feb 28 2023 12:00AM $6,110,000 69
    1939749 Sold Offer-No Show Feb 28 2023 12:00AM $6,110,000 69
    1939749 Offer-No Show Active Sep 28 2022 9:57AM 69
    1939749 Active Jul 20 2022 3:02PM $6,200,000 69
  • Schools
  • Demographics
  • Market Conditions

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report