4115 Maple Grove Dr

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4115 Maple Grove Dr

Madison, WI 53719
Asking Price
$395K
Asset Type
Residential Multifamily
Class
Class B

What's Special

4115 Maple Grove Dr, Madison, WI 53719 <ul><li>​Located on the corner of Maple Grove Dr & Nesbitt Rd, one of the last remaining Multifamily lots available in the area</li><li>​Per zoning code: up to three stories allowed with maximum of 24 apartment units</li><li>​Stormwater Management, Erosion Control Plan, and Geotechnical Exploration Reports on file</li><li>​Easy access to and from multiple areas of retail, restaurants, schools and outdoor recreation</li></ul>

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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