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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Apartment buildings
8329 Congress St, Milwaukee, WI 53218-4541
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-1325290
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
7,572 SF
Lot
0.3 ac (13,000 SF)
Zoning code
RM2
APN
252-0701-100
UPID
US92-1325290
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
$1.11M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.14M
Owner & transaction history
Berrada Porperties 77 LLC · 5 yrs held
Berrada Porperties 77 LLC
since 2021
Last sale
$6,750
7 recorded transactions
Zoning & alternative use
RM2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,110,000
7%
$1,030,000
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $7k (Apr 15 2021)
Last sale anchor
$7k
Apr 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$150 / 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
$10,400
Tax year 2022
Assessed value
$436,800
Assessed 2022
Previous assessed
$436,800
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$38,500
Assessed improvement
$398,300
Land market value
$38,500
Improvement market value
$398,300
Total market value
$436,800
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
1960
Heating
YES
Cooling
YES
Stories
2
Units
8
Rooms
32
Bathrooms
1
Total area
7,572 SF
Lot
0.3 ac (13,000 SF)
Zoning code
RM2
APN
252-0701-100
UPID
US92-1325290
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM2 · Milwaukee, WI
Zoning RM2 · permitted uses
RM2 · 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
1960
Heating
YES
Cooling
Yes
Stories
2
Units
8
Rooms
32
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Berrada Porperties 77 LLC
Entity
Mailing address
10136 W FOND DU LAC AVE, MILWAUKEE, WI 53224-5191
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
$2,250,000
Berrada Porperties 77 LLC
Congress Commons LLC
Warranty Deed
$1,472,000 · Waterstone Bank Ssb
Jun 18, 2012
$950,000
Congress Commons LLC
Anchorbank Fsb
Warranty Deed
—
Jun 28, 2011
$259,470
Anchorbank Fsb
Sheriff Of Milwaukee County
Foreclosure
related
—
Nov 9, 2007
$430,000
Jaeger-oswalt Ents LLC
Ropar I LLC
Warranty Deed
—
Apr 17, 2006
$500,000
Ropar I LLC
Brian E Engel
Warranty Deed
$400,000 · Anchorbank Fsb
—
—
Congress Commons LLC
—
Deed Of Trust
related
$140,000 · Raymond Horcher
—
—
Congress Commons LLC
—
Deed Of Trust
related
$58,000 · Waterstone Bk Ssb
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.
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