2330 Allied Dr Madison, WI 53711
- Retirement homes
Current Use by Public Records
- Retirement homes
Property Details for 2330 Allied Dr
- Property type
- Retirement homes
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4600609
- Latitude
- 43.0274228