Post on 26-Aug-2020
SVN | HINTZE COMMERCIAL REAL ESTATE | 809 S. 60TH STREET, SUITE 202, WEST ALLIS, WI 53214 SALE BROCHURE
COLLEGE HOUSINGPORTFOLIO
*MILWAUKEE, WI 53211
Dawn DavisAssociate Advisor
414.727.8000 x9dawn.davis@svn.com
OFFERING SUMMARY
Sale Price: $1,805,000
Cap Rate: 8.15% - 9.25%
Number Of Houses: 5
Number Of Units: 10
Total Square Footage: 15,945 SF
Price / SF: $113.20
5 student housing rental properties within blocks of the University of Wisconsin- Milwaukee campus andof each other
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• INSTANT VALUE-ADD PORTFOLIO
• Various updates made to various houses of which include:
• Remodeled Kitchens & Bathrooms
• Newer Appliances
• Window Replacements
• New Boiler & Newer Furnace and A/C System
• Newer Roofs
• Ask for Offering Memorandum to see specific updates made to each property
Property Summary
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 2
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 3
Additional Photos
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 4
Additional Photos
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 5
Additional Photos
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 6
Location Maps
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 7
POPULATION 1 MILE 2 MILES 3 MILES
Total population 25,484 71,991 120,974
Median age 28.4 31.0 31.1
Median age (male) 27.6 30.5 30.4
Median age (Female) 28.8 31.4 32.1
HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES
Total households 10,745 34,407 57,132
# of persons per HH 2.4 2.1 2.1
Average HH income $62,882 $58,787 $58,049
Average house value $449,554 $351,779 $326,503
* Demographic data derived from 2010 US Census
Demographics Map
COLLEGE HOUSING PORTFOLIO | * MILWAUKEE, WI 53211 SVN | Hintze Commercial Real Estate | Page 8
Wisconsin Disclosure