WI > Rock > Edgerton > 0 Marian Dr

$199,900

Active

Listed by Best Realty Of Edgerton

Description

Unique investment opportunity to own your own water system. 49 accounts pay $106.50 every three months. Cap rate of 8.055% based on current list price & 2021 financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land development (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important).

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Property Details

Features Commercial/Business

RE For Sale: Yes Bus. For Sale: Yes
Lease Only: No Ann. Rent/Sq.Ft.: $0
Bldg Gross Sq.Ft.: 600 Taxes: $176
Total Acres: 0.09    

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Listing History

Date Event Change
Oct 27 2022 4:13PM Price Change $199,900
Aug 18 2022 8:19AM Price Change $209,900
Aug 8 2022 11:22AM Status Change Active

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