- Partially rehabbed multifamily portfolio in desirable suburb of Madison, WI
- 2-bedroom floor plans concentrated in one building with four duplex-style buildings offering 4-bedroom unit types
- Physical value-add opportunity through seven remaining units left to be renovated
- Operational efficiencies possible for local/regional buyer
- Strong runway for continued growth with large floor plans and affordable price point compared with broader market
Fitchrona Apartments
Fitchrona Apartments, a multifamily portfolio, offers a promising opportunity with 9 out of 16 renovated units in a desirable suburb of Madison, WI. The property features a mix of 2-bedroom floor plans concentrated in one building and four duplex-style buildings that offer 4-bedroom unit types. Madison, the capital city of Wisconsin, boasts a vibrant community of nearly 300,000 residents and is home to the University of Wisconsin, the flagship campus of the UW-System. Since the 2000 census, the city has experienced significant growth, adding almost 100,000 residents, which underscores its appeal and potential for further development. The remaining seven units present a valuable opportunity for additional renovations, allowing for physical value-add. A local or regional buyer could also benefit from operational efficiencies within the portfolio. With its large floor plans and affordable price point compared to the broader market, this multifamily portfolio is well-positioned for continued growth and success.
Madison, WI
Madison, the capital city of Wisconsin, is home to nearly 300,000 residents and has experienced significant growth since the 2000 census, adding almost 100,000 people to its population. The city is also proud to host the University of Wisconsin, the flagship campus of the UW-System, which contributes to its vibrant community and dynamic culture.