505 Alan Drive Mount Horeb, WI 53572
Well-maintained 8-unit apartment building with commercially zoned land.
Type:Multifamily
- Added:
- Feb 23, 2026
- Days on Market:
- 38
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 505 Alan Drive
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1976
Listing agent Ken Brenner License #94-88062
Listing office Stark Company
Listing date Feb 23, 2026
Source Crexi
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 Stark Company
Overview
Brick Apartment Building with Land
This is a well-maintained 8-unit brick apartment building that includes additional commercially zoned land, offering potential for future development or expansion. The property offers multiple value-add and long-term upside opportunities. The building is fully leased with year-to-year leases, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system for supplemental income. Each unit features separate electric meters. Tenants benefit from basement storage units. The property also offers a surface outdoor parking lot for convenient tenant parking. The solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Mount Horeb
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.7252505
- Latitude
- 43.0156562
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FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit apartment building with commercially zoned land.
Where is this apartment building located?
The property is located at 505 Alan Drive Mount Horeb, WI.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Commercially zoned land included for future development or expansion.; Fully leased 8‑unit building provides immediate and stable cash flow.; Newer roof and updated mechanical systems provide peace of mind.
