Courtesy of: Paul Haviland, Stark Company, REALTORS, phaviland@starkhomes.com
Courtesy of: Paul Haviland, Stark Company, REALTORS, phaviland@starkhomes.com
$895,000
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8 bed
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8.00 Bath (8 Full)
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Lot: 0.38 Acres
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Other
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$895,000
585 Kelvington Drive Excellent investment opportunity in one of Sun Prairie's most desirable areas!! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie's amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in~unit washer and dryer, and a private garage. Well~designed floor plans and strong rental appeal make this an attractive long~term investment, with market rents estimated at $1, 750+\month per unit. At market rents, the property offers an attractive gross rent multiplier (~10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long~term appreciation. Seller is selling as part of a 1031 Exchange...
Courtesy of: Paul Haviland, Stark Company, REALTORS, phaviland@starkhomes.com
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