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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Apartment buildings
7001 43rd St Milwaukee, WI 53209-2251
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-3427692
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
FRAME
Total area
6,418 SF
Lot
0.32 ac (13,840 SF)
Zoning code
RM1
APN
122-0531-000
UPID
US92-3427692
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Berrada Properties 122 LLC · 2 yrs held
Berrada Properties 122 LLC
since 2023
Last sale
$3.3M
5 recorded transactions
Zoning & alternative use
RM1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$419 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,779
Tax year 2022
Assessed value
$284,700
Assessed 2022
Previous assessed
$284,700
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$29,900
Assessed improvement
$254,800
Land market value
$29,900
Improvement market value
$254,800
Total market value
$284,700
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
YES
Stories
2
Units
5
Rooms
24
Bathrooms
1
Total area
6,418 SF
Lot
0.32 ac (13,840 SF)
Zoning code
RM1
APN
122-0531-000
UPID
US92-3427692
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM1 · Milwaukee, WI
Zoning RM1 · permitted uses
RM1 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
YES
Stories
2
Units
5
Rooms
24
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Berrada Properties 122 LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$3,250,000
Berrada Properties 122 LLC
Bellaire Milwaukee Multifamily LLC
Warranty Deed
$5,540,000 · Dmb Community Bank
Jul 13, 2017
—
Bellaire Milwaukee Multifamily
—
Grant Deed
related
$1,930,000 · Suntrust Bk
Sep 1, 2006
$550,000
Gte Services 6971 LLC
Redco Enterprises LLC
Warranty Deed
$460,000 · M & I Marshall & Ilsley Bank
Jan 24, 2006
$300,000
Redco Ents LLC
Gregory A K Wong
Warranty Deed
—
—
—
Gte Services 6971 LLC
—
Deed Of Trust
related
$366,856 · Bmo Harris Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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