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N5053 Hemlock St, Poynette, Wisconsin


N5053 Hemlock St, Poynette, Wisconsin 53955
American, REALTORS - MLS® ID: 1816634

    Property Details

    N5053 Hemlock St, Poynette, Wisconsin 53955 - Low maintenance coupled with high returns! 14 unit (10x24) mini storage units with 15 unit mobile home park pads across the street from Lake Wisconsin and Hookers Resort. Using an 80% LTV mortgage amortized over 25 years at an interest rate of 4.69%, the Cash Flow/Principal reduction in year one is $21,829 with a debt coverage ratio of 1.31. The property generates an internal rate of return of 24% with an inbound cap rate of 7.11%. As a value play, there are 29 units for just $22,410.34 per unit!


    • Zip53955
    • Countycolumbia
    • StatusActive
    • Purchase TypeActive
    • Property typeCommercial
    • Zoning typeCommer
    • Year built1994
    • Lot size2.54
    • Tax amount$4,601.00
    • Tax year2016
    • Office IDPRCOM03
    • MLS® ID1816634

    Broker: American, REALTORS

    Listing Courtesy of American, REALTORS

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    “Dan and the team were very easy to work with and helped us enjoy a hassle free sale experience. They handled all the details of the transaction efficiently and professionally.”

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