526 Jean-Marie St Almena, WI 54805
This exceptional investment opportunity presents a newly constructed eight-unit commercial building located at 526 Jean-Marie Street, Almena, WI. Completed just one year ago, this property offers significant advantages to a new owner, including the peace of mind associated with a nearly brand-new structure and modern amenities. Each of the eight units boasts energy-efficient mini-split cooling systems, recently installed appliances, and a new water heater. Further enhancing tenant comfort and convenience are in-unit washer/dryer hookups, private fenced back patio areas, and ample off-street parking directly in front of each unit. A comprehensive sprinkler system is in place throughout the property, adding an extra layer of security. The property also benefits from a professionally installed security system provided by TNC Security, ensuring the safety and well-being of both tenants and the investment. The property sits on a sizable 0.8-acre lot, providing ample space and potential for future expansion or development. Priced at $1,500,000, this eight-plex represents a compelling investment opportunity in a desirable location. The combination of new construction, modern amenities, and a strong security system makes this property an attractive option for investors seeking a low-maintenance, high-return investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.