1201 Farwell StEau Claire, WI 54701

Property Details for 1201 Farwell St

Property type

Dormitories

Property subtype

Student housing

Description

This exceptional investment opportunity presents a portfolio of 24 student housing units strategically located throughout Eau Claire, Wisconsin. The properties are situated at various addresses within Eau Claire County, encompassing a diverse range of locations including South Farwell Street, Niagara Street, Marston Avenue, Seaver Street, Chippewa Street, Broadway Street, and more. Zip codes include 54701 and 54703. The portfolio offers a compelling blend of stability and growth potential, with a total asking price of $6,700,000, translating to an average price per unit of $279,166.67. Monthly rents vary, ranging from $1,080 to $3,220, catering to a diverse market segment within the student population. The properties collectively boast an assessed value exceeding $6.1 million, with a fair market value estimated at over $6.9 million, suggesting significant potential for equity appreciation. Financial performance indicators are strong, including a CAP rate exceeding 6% and a 1.2 rule exceeding 120%. This robust investment opportunity offers consistent rental income, attractive financial metrics, and the potential for substantial long-term value appreciation within the dynamic Eau Claire real estate market. The portfolio represents a rare chance to acquire a well-established, high-performing student housing asset in a thriving college town. This is an ideal investment for those seeking a diversified portfolio with strong cash flow and significant growth potential.

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.8046

Longitude

-91.4917

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].