Arena, WI 53503,160 Highway 14
Arena, WI 53503,160 Highway 14
Arena, WI 53503,160 Highway 14
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Listed by RE/MAX RealPros • Off: 608-254-9488
$1,799,000
Est. payment /mo
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9,858 SqFt
Active

160 Highway 14 Arena, WI 53503

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UPDATED:

02/14/2025 10:09 PM

Key Details

Property Type Commercial

Sub Type Apartment building

Listing Status Active

Purchase Type For Sale

Square Footage 9,858 sqft

Price per Sqft $182

MLS Listing ID 1993378

Year Built 2024

Annual Tax Amount $4,231

Tax Year 2023

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Apartment building

Property Description

Brand New two story 8-Plex Investment Opportunity! This modern property offers 8 spacious & accessibility friendly units, each w/potential of $1,385+/- per month in rent w/tenants covering all utilities. Low-maintenance & high-return, this turnkey asset boasts premium finishes, in unit laundry, all high end appliances, ample parking, & strong rental demand. Residents enjoy private outside porch areas plus 2nd-floor upper units offer deck areas also.This quaint village of Arena is located in the Northeastern part of Iowa County. The township is bordered by the Wisconsin River on the North, Dane County on the East, Spring Green to the West, and Mount Horeb to the South. It's a prime opportunity for savvy investors seeking steady cash flow and long-term appreciation.

Location

State WI

County Iowa

Area Arena - V

Zoning R3

Direction Property is located directly off US Hwy 14 next to the Town of Arena building.

Rooms

Basement Slab/None

Interior

Heating Forced air, Central air

Cooling Forced air, Central air

Inclusions (8) stainless steel refrigerators, (8) stainless steel dishwashers, (8) stainless steel glass top electric stoves/oven, (8) stack washer and dryer combo

Exterior

Parking Features 11-20 spaces, Onsite, Paved

Roof Type Metal

Building

Story 2

Water Municipal water, Municipal sewer

Structure Type Steel

Others

SqFt Source Blue Print

Energy Description Natural gas


South Central Wisconsin MLS (SCWMLS)

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agent

John Reuter

Broker Associate | License ID: 58480-90

+1(608) 669-4226

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160 Highway 14