2330 Allied Dr Madison, WI 53711
This exceptional investment opportunity presents eight condo units within a single building located at 2330 Allied Dr, Madison, WI 53711. The entire building, comprised of these eight units, is available for purchase at an asking price of $850,000. Alternatively, individual units can be purchased separately, offering flexibility for investors. The property is classified as multifamily and senior living, making it suitable for a diverse range of tenants. The building is owned by a condo association, and condo fees are incorporated into the rental payments. This is a prime location in Madison, Wisconsin, the state's capital, known for its beautiful lakes, extensive trail systems, and vibrant gardens. The property benefits from its proximity to popular destinations such as Wisconsin Dells (54.2 miles), Milwaukee (79.4 miles), and Green Bay (136 miles), enhancing its appeal to both residents and tourists. This presents a unique opportunity to acquire a well-situated multifamily property in a thriving Wisconsin market. The property's strong location and potential for diverse rental income make it an attractive investment prospect. The individual unit sales option provides additional flexibility and potential for phased investment strategies.
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
Similar Nearby for Lease
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.