MICHIGAN STREET PROPERTIES Milwaukee, WI

Exceptional investment opportunity: a 65-unit multifamily property situated in Milwaukee's Near West Side neighborhood. This assemblage comprises three lots, featuring two 30-unit buildings and a separate 5-unit vintage home, all containing one-bedroom apartments. The property boasts a convenient location, a mere 7-minute walk from Marquette University's central campus, enhancing its appeal to students and young professionals. Parking is readily available with approximately 24 spots located between 2301 and 2319 W Michigan St. The buildings are situated at 2301 W Michigan St (5 units), 2319 W Michigan St (30 units), and 2327 W Michigan St (30 units). The total land area encompasses 1.04 acres. The asking price is $3,600,000. Projected cap rate is 8.00%, with a proforma cap rate of 9.06%. The price per square foot is $79.39. This presents a compelling opportunity for investors seeking strong returns in a desirable, high-demand location. The property's proximity to Marquette University ensures consistent occupancy and rental income. This is a rare opportunity to acquire a substantial multifamily portfolio in a thriving Milwaukee neighborhood. The property's size and location make it an ideal investment for experienced real estate investors seeking significant returns.