Brookside Meadows-4300 Fireclay Ct. La Crosse, WI
40 Rental Units
Purchase Price: $6,499,000
Property Type: Multi-Family
Square Footage: 34,000
Buildings: 10
Zoning: Commercial
Lot Size (acres): 6.40
Description
This 40-unit rental property Located in a vibrant community, represents an outstanding investment opportunity, offering a blend of stability, growth potential, and strategic location. Nestled in the serene landscape once occupied by the historic Brick Yard, this property marries the peaceful allure of country living with the convenience of proximity to urban amenities, presenting an invaluable addition to any real estate portfolio. Known for its beautiful riverfront, robust economy, and educational institutions, Fireclay Court benefits from steady demand. This has the potential market rent of $49,575, with a current rent roll of $47,095 and leases extending into 2026 ensuring stable occupancy. There are opportunities to increase revenue through strategic upgrades making this a highly attractive deal.
Convenient Amenities: units with attached garages, modern appliances and laundry hookups.
Scenic Setting: Offers views of our Lady Guadalupe and mount La Crosse Ski Hill.
Strong Investment: with a turn-key status and actives units fully operational and contributing to a healthy NOI.
Attractive Price Point: Offered at $6,499,000, ideal for investors seeking consistent returns.
Secure, Hassle-Free Asset: A passive investment opportunity.