Offered by Dave Brozovich

2070-2072 Wisconsin Ave. - Grafton, WI 53024

2070 is a two story log building that is presently rented at $3,800 per month with the tenant paying the sewer, water, gas, electric, and lawn and snow removal. The building is about 3,600 square feet.

2072 is a single story building with a small storage on the second floor attic rented at $3,400 per month with the tenant paying 40% of the sewer, water, real estate tax bill, and any other required repairs. The building is about 3,450 square feet.

Gross Rental Income: $87,000.00

Real Estate Taxes: $8,100.00

Insurance: 951.00

Sewer & water: 323.00

Maintenance & repairs: 700.00

Lawn care & snow: 1,560.00

Parking lot repairs: 400.00

Total Building Expense: $11,334.00

NOI Before Debt Service: $75,666.00

Based upon Sell Price of $805,000.00 this is a 9.399 cap rate.

The Herro Company

2070 Wisconsin Ave.