WICKHAM COURT APARTMENTS

8 Units

Madison, WI

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Wickham Court, located in Madison, Wisconsin is an attractive 8-unit building constructed in 1983 and situated on 0.56 acres with an estimated 7,600 square feet of living space. The property is comprised of one two-story building with wood frame construction, a partial basement with tenant storage, coin-operated laundry, and a detached parking structure with space for 8 vehicles. Each unit has two bedrooms, one bathroom, modern kitchens, and a patio or balcony. All units are corner units with a fireplace and have electric baseboard heat and sleeve air conditioning. Tenants are responsible for all utilities, including electricity, heat, water/sewer, air conditioning, hot water, cable, and internet. Trash collection, detached garage, and basement storage are included in the monthly rent. The property is located on the southwest side of Madison near major office parks, grocery and other retail stores, services, restaurants and entertainment venues.  Wickham Court offers an owner-operator investor the opportunity to purchase a stable rental property at an attractive Gross Multiple (8.9) with over $11,000 of internal rent upside.