44 Rooms | 1 Retail | $1,050,000 List Price

Investment Overview

Kiser Group is pleased to present the opportunity to acquire a four-building, 44-room and 1commercial unit portfolio on Milwaukee's south side, priced at $1,050,000 ($23.3K/room). The portfolio is offered at an 11.08% cap rate on current performance, with the ability to increase top-line revenue by 15%, or approximately $45,800, based on proven in-place rents. Each building has an onsite manager and the offering is also priced below its current tax assessment, reducing the risk of a property tax increase upon purchase.

Investment Highlights

• Onsite manager at each building
• Ability to increase revenue by 15% (or $45,800)
• Priced below current tax-assessment
• Currently 93% occupied (3 vacant units)