Offering Terms: 7-8% (secured vs. unsecured; coming December 2022)
Why we like the area
Madison is a fantastic mid-sized city anchored by the Wisconsin State Capitol and the University of Wisconsin. The population of Dane County, where it sits, has grown steadily by 15% over the last decade, with no end in sight. This growth is thanks in part to a healthy economy with growth-oriented companies that are either headquartered in the area (Epic Systems, Exact Sciences, Sub-Zero/Wolf/Cove), or otherwise have a major presence there. The city is also well-known for the quality of its public education, affordability, and excellent quality of life.
Why we own this property
This fantastic property, consisting of two adjacent 4-unit buildings, was built in 2020. It has high-end finishes, in-unit laundry, and a 3 bed/3 bath layout. Because of these features, and its excellent location (proximity to highways and the airport), rents have continued to rise and cashflow is projected to remain excellent.
Interested in learning more? Please call or email us anytime.
info@coldstreampartners.com OR 908.900.3160