Renovated Multifamily Apartment
1101 Catalpa Cir Madison, WI 53713
1101 Catalpa Cir, Madison, WI, 53713
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For Sale
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36-unit multifamily community with 28 renovated two- and three-bedroom apartments, plus select patios, balconies, and in-unit laundry.
Days on Market24
Property Features for 1101 Catalpa Cir
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agency
Colliers - Milwaukee, Wisconsin
(312) 612-5944
Listed by
Ted Stratman · License #113471-94
Source
Crexi
Added: Jun 30 Updated: Jul 23 at 12:41AM Checked: Jul 23 at 12:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Catalpa Crossing is a 36-unit multifamily community offering spacious two- and three-bedroom apartments. According to the provided information, 28 of the 36 units have already been renovated, with the remaining eight described as “classic” units. Select units include private patios and balconies, and select townhomes offer in-unit laundry. The property also features well-equipped kitchens, hardwood floors, and large closets. Community conveniences include garage parking, laundry facilities, and off-street parking, along with a pet-friendly policy.
The property is located in Madison’s Burr Oaks neighborhood within the West Madison submarket, with access to University of Wisconsin–Madison and major employment hubs described as being just minutes away. The remarks also note convenient proximity to schools, hospitals, shopping centers, parks, and public transportation.
For operators and investors, the mix of renovated and classic units provides a value-add angle based on the plan to renovate the remaining eight units, as described in the property information.
The property is located in Madison’s Burr Oaks neighborhood within the West Madison submarket, with access to University of Wisconsin–Madison and major employment hubs described as being just minutes away. The remarks also note convenient proximity to schools, hospitals, shopping centers, parks, and public transportation.
For operators and investors, the mix of renovated and classic units provides a value-add angle based on the plan to renovate the remaining eight units, as described in the property information.
Key Highlights
- 36‑unit multifamily community (year built 1961) at multiple addresses on Catalpa Road, Fish Hatchery Road, and Catalpa Circle in Madison, WI
- 28 of 36 units renovated, with average renovated rents reported at $1,661 (a $227 premium over classic units)
- Remaining 8 classic units provide potential upside with an estimated renovation cost of $12,500 each
Property Analytics
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FAQs
What type of property is this?
Apartment building - 36-unit multifamily community with 28 renovated two- and three-bedroom apartments, plus select patios, balconies, and in-unit laundry.
Where is this apartment building located?
The property is located at 1101 Catalpa Cir Madison, WI.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 36‑unit multifamily community (year built 1961) at multiple addresses on Catalpa Road, Fish Hatchery Road, and Catalpa Circle in Madison, WI; 28 of 36 units renovated, with average renovated rents reported at $1,661 (a $227 premium over classic units); Remaining 8 classic units provide potential upside with an estimated renovation cost of $12,500 each
