2101 Patch Street, Stevens Point WI 54481 $1,550,000

2101 Patch Street, Stevens Point 0 Acres $1,550,000 Active

  • Commercial/Industrial
  • Status: Active
  • Estimated Age: Not Available
  • Estimated Square Feet: 5001 or more
  • Est. Lot Size: 20001-50000
  • County: Portage
  • Property Tax Year: 0
  • MLS#: 1806337
  • Listing Company: Jones Realty Llc

2101 Patch Street, Stevens Point, WI 54481 - Fantastic Opportunity To Own Two Mini Storage Sites Within 5 Min Drive Of Each Other In A Fast Growing Metro Area. Rent Increase Scheduled For December 1st, 2018, Updated Rent Roll Can Be Provided At That Time Showing The Increase. Cap Rate Of 6.02% Is Based On The Financial Analysis We Did Prior To Buying These Sites And Reflects The Current Rent Rates, With A 5% Vacancy And An Additional 28.3% In Expense (document Attached).,although We Haven'T Owned These Sites Long Enough To Have A P And L Or Be Able To Provide A T12 We Feel That The Analysis Provided Is Well Within A Realistic - Real Life Performance. Listing Broker Is A Principal In This Transaction.

Additional Features
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Size: 20001-50000
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1806337 Active Oct 11 2018 5:09PM $1,550,000 107

Estimated Monthly Payment

$3,287 per month
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The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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