Special offer

Multi Family apartment buildings are for sale in Wisconsin: Call Tom Braatz

By
Real Estate Agent with Coldwell Banker

There are many choice multi family units for sale throughout Wisconsin. In this great state there is everything from quality two family units to literally thousands of units. If you are in the market to start, increase, or have any type of change to your portfolio call Tom Braatz today. We will roll up our sleeves, get a game plan, and succeed in our goals to find you the right ones.

Below is a new listing which is a Section 8 HUD property for sale in Princeton Wisconsin for only $785,000.

Call for all information, CFAT,APOD, and more.

See you at closing!

Tom Braatz 

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Comments(9)

Sonny Kwan
Quantum Group Commercial - Residential - Lease Seattle, WA - Mercer Island, WA
206-819-8228

Is the rents able to cover the mortgage on these properties? How is the NOI and rents

Jan 17, 2009 11:16 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Sonny

The gross operating income is 135K, well than enough. The variable is the down payment, structure of not, entity you choose, number of partners, and so on.

Different from a house

Tom Braatz

Jan 17, 2009 11:21 AM
William Johnson
Retired - La Jolla, CA
Retired

Hi Tom, this is a wonderful listing Post and very nicely presented. Lenn Harly  would love all the links, she tells me to do this and I haven't done it as yet but I need to. God job and also wanted to say Hello and thank you for accepting me as a friend on Facebook today! Als a newer experience that I am learning.

Jan 17, 2009 01:01 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

This CAN'T be Wisconsin....where are the snow angels ?  Greetings from the Palm trees...

Jan 17, 2009 11:16 PM
James Wexler
wexzilla.com - Scottsdale, AZ

seems like a really great deal, especially with the section 8 desgination, dont have to worry about collecting your monthly rents

Jan 18, 2009 01:35 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Yeah, Tom, where the heck is all that SNOW? Didja have an overnight heat wave?

Elizabeth Weintraub Land Park Real Estate Agent in Sacramento

Jan 18, 2009 01:36 AM
Kristin Johnston - REALTORĀ®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great listing (again) Tom...boy, you are busy!  Good job.

Jan 18, 2009 01:36 AM
Lisa Borders - REALTOR
RE/MAX SELECT - Shelby, NC
RE/MAX SELECT

Very nice listng, job well done.

Jan 18, 2009 02:08 AM
Rick Fitzgerald
AAM Capital - Chattanooga, TN
The MultiFamily Expert

Tom, the proforma NOI on $135,000 GPI isn't too bad.  Now a days, we use a 45% total expense load as a rule of thumb for a proforma NOI. CAP rate just under 10%. Good job!

Jan 19, 2009 04:36 AM