1120/1122 Artisan Drive

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1120/1122 Artisan Drive

Madison, WI 53704
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Madison, Wisconsin
  • Property consists of two residential rental units
  • Situated in the 53704 area code of Madison
  • Asset provides potential for income-generating residential investment
  • Market supported by diverse university and government employers

What's Special

This multifamily apartment building contains two units and is situated at 1120/1122 Artisan Drive in Madison, Wisconsin. Positioned within the 53704 zip code, the property serves as a stable residential asset in a city known for its steady rental demand, driven by the presence of the University of Wisconsin and various state government offices. Madison maintains a robust local economy supported by a growing technology sector and a high quality of life that consistently attracts a diverse population. Two-unit residential properties in this region typically appeal to investors seeking manageable, income-generating assets or owner-occupants looking to offset mortgage costs through rental income. The location provides connectivity to major regional thoroughfares, facilitating access to the broader metro area. This asset type is well-positioned for long-term hold strategies in an established suburban market environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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