20350 Water Tower BlvdBrookfield, WI 53045

  • Commercial real estate
  • 1.29 AC

Property Details for 20350 Water Tower Blvd

Lot size
1.29 AC
Zone code
B
Property type
Commercial real estate
APN
BKFT1134999017
APU
BKFT1134999017

Description

This exceptional investment opportunity presents a 32-unit, 100% occupied Continuing Care Retirement Facility (CCRF) portfolio located at 20350 Water Tower Blvd, Brookfield, WI 53045, in Waukesha County. The property is classified as a stabilized investment, offering immediate cash flow. The portfolio consists of 32 individual units, providing a substantial and consistent revenue stream. This business-for-sale opportunity is ideal for investors seeking a stable, high-performing asset in the growing senior living sector. The property's prime location in Brookfield, Wisconsin, ensures convenient access to essential amenities and services. Detailed financial information and operational data are available upon request, subject to a signed confidentiality agreement. This is a turnkey operation with a proven track record of success, making it an attractive proposition for experienced investors in the healthcare real estate market. Serious inquiries only. Further details are available with the execution of a non-disclosure agreement. The property is categorized as both a business for sale and multifamily, specifically targeting senior living needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,499,000
    6.5%
    $10,614,400
    7%
    $9,856,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,704,790
    Geo Method
    $7,319,010
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $21,564,800
    Retail / Commercial
    $10,927,700
    Mixed-Use / Specialty
    $10,785,700
    Hospitality / Lodging
    $7,779,090
    Office
    $10,614,400
    Institutional / Educational
    $11,176,000
    Residential Income
    $13,075,900
    Multifamily
    $16,253,400
    Automotive / Energy
    $9,579,450
    Parking / Income-Based Land
    $3,407,480
    Restaurant / Food Service
    $5,389,990
    Healthcare / Senior Housing
    $11,166,200

Location Insight

City
Brookfield
County
Waukesha
State
Wisconsin
Latitude
43.0307
Longitude
-88.1661
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,453
$696,000
$3,947,900
$4,643,900
-
-
-
$4,917,300

FAQs

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