0 Parkmeadow North Beloit WI 53511 | $6,110,000

Residential Income
Sold
MLS# 1939749
0 Full Bathrooms

Room Dimensions

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.

Features

  • Residential Income
  • Status: null
  • 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: null
  • 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

The information which is contained on pages with property data 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. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity