NOT LISTED FOR SALE
6 Beds
4 Baths
3,350 Sq Ft
5.94 Acres

Last Sold August 23, 2023

Last sale price $6,200,000 $1,851 Per Sq Ft

7 Days on Market

Highlights

  • Water Views
  • 5.94 Acre Lot
  • Balcony
  • Eastside Elementary School Rated A-
  • Open Floorplan
  • 3-minute walk to Blankenheim Park

About This Home

As of August 2023

Priced at only $95,161 per unit! This property consists of (7) 8-unit buildings featuring 700 sq. ft. 1-bedroom apartments in which LL pays water, sewer, gas for a water heater that serves the entire building and common area electric. In addition, there is (1) 6-unit building featuring 975 sq. ft. 2-bedroom apartments in which LL only pays water and sewer as heat and an electric water heater are individually metered. The buildings feature brick exteriors and private entries on a 6-acre cul-de-sac site. It adjoins the 21-acre Carriage Hills Estates Park and is walking distance to Downtown Sun Prairie. The building has been operated as a 50 and older community since construction, this age restriction is being removed. Contact David Baehr for additional information at 608-213-6686 (call or text) or david@baehrinc.com

Last Listed By

David Baehr

American, REALTORS License #52609-90 Listed on: 05/31/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5.94 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Walk-in Shower
  • 1-Story Property
  • Open Floorplan
  • Dining Room
  • Water Views
  • Oven or Range

Parking

  • 68 Open Parking Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Outdoor Features

  • Balcony

Schools

  • Call School District Elementary And Middle School
  • Sun Prairie East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Community Details

  • 62 Units
  • Laundry Facilities
  • Net Operating Income $539,033

Listing and Financial Details

  • Assessor Parcel Number 0811-043-4475-2

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Stall shower, Grab bars in bath, Level drive, Level lot, Width of hallways 36"+
  • Items Included: The property features two parcel numbers: 081104344752 and 081104344552
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Noi Year: 2023
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dryers: 8
  • Number Furnaces: 62
  • Number Refrigerators: 62
  • Number Stoves: 62
  • Number Units W Ac: 62
  • Number Washers: 8
  • Number Water Heaters: 8
  • Number Water Softeners: 8

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 68

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 181951

Schools

  • School District: Sun Prairie
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Sun Prairie East
  • Elementary School: Call School District
  • High School: Sun Prairie East
  • Middle School: Call School District
  • School District: Sun Prairie

Lot Info

  • Estimated Aces: 5.942
  • Zoning: PUD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 720985

Tax Info

  • Land Assessment: 725400
  • Improvements: 1403700
  • Total Assessment: 2129100
  • Assessment year: 2023
  • Net Taxes: 46997
  • Tax Year: 2022
  • Assessor Parcel Number: 0811-043-4475-2

Multi Family

  • Number Of1 Bedrooms: 56
  • Number Of2 Bedrooms: 6
  • Number Of Units: 62

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $6,200,000 +5.1% $1,851 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $5,900,000 -- $1,761 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1956928

South Central Wisconsin Multiple Listing Service