1021 Grandview AVENUE Tomah, WI 54660

Fantastic value-add opportunity to own this turnkey 16-unit with 16 garages. Incredibly well-kept and managed properties. (5) 1BR units, (9) 2BR units, (2) 3BR units, 16 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New roofs on building and garages. Seller expenses low due to self-managing. Assuming normal expenses and increasing to market rents, property nearly an 8 cap! Market rents show $18,430/mo. Seller financing/Owner financing on 1022 Grandview also available! With full-price offer for 1021 Grandview seller would also lease-option 16-unit at 1022 Grandview(8 garages) at an option price of $1,675,000, $100,000 option fee and interest-only for 24 months. Market rents show $16,500/mo. Seller will manage for 6 months.