131 Market StElkhorn, WI 53121

For Sale
$699,900

Elkhorn, WI Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 72-unit multifamily development site on 12.89 acres in Elkhorn, Wisconsin. Located in a high-demand area of this growing community, the property boasts a prime northern location with easy access to restaurants, shopping, and top-rated schools. Its strategic positioning provides immediate access to Highway 12 and Interstate 43, facilitating short commutes to major urban centers like Milwaukee and Madison, a significant draw for potential tenants. The property is zoned R-3, offering flexibility for development. The substantial lot size allows for significant expansion or redevelopment potential. This development opportunity is situated in Walworth County, Wisconsin, with the address listed as 131 W Market St, Elkhorn, WI 53121, and the APN is YU NW 00243. The asking price for this high-yield investment is $699,900. This presents a compelling opportunity to capitalize on the strong growth and long-term stability of the Elkhorn market. The property's proximity to major transportation arteries and desirable amenities makes it an attractive proposition for both developers and investors seeking a high-return multifamily project.

Highlights

  • 72-unit multifamily development opportunity in Elkhorn, WI.
  • High-demand location in a growing community.
  • Prime northern location near restaurants, shopping, and top-rated schools.
  • Excellent access to Highway 12 and I-43, providing easy commutes to Milwaukee and Madison.
  • R-3 zoning allows for flexible development.
  • $699,900 asking price.

Property Details for 131 Market St

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
561,488 SF
Units
72

Location Insight

City
Elkhorn
County
Walworth
State
Wisconsin
Latitude
42.691736934147
Longitude
-88.54736258904
131 Market St, Elkhorn, Wisconsin

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131 Market St
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