Property Listing No Longer Available for Sale

320 W Broadway, Monona, WI

Multi-family for Sale - $13,850,000 - 140,119 Sq. Ft. on 3.59 acres


Property Info

CIMLS#968512
Location
  320 W Broadway
  Monona WI 53716
UpdatedNovember 27th, 2017
TypeMulti-family
Price$13,850,000
Building140,119 Sq. Ft.
Land3.59 acres

Property Description

Opportunity have 1/2 ownership in Treysta on the Water! Located on the Yaraha River with direct access to Lake Monona and Lake Waubesa, Treysta on the Water is a luxury, contemporary rental home community with 125 apartment units and 5 commercial units. Waypoint Public House restaurant currently has long term lease on endcap waterfront space. Building has underground parking, indoor and outdoor common areas, in-unit laundry and balcony/deck on each unit, community patio grill space, pet spa, coffee bar, game room, and rooftop common area patio.. This Class A building is Green Built certified with a residential Clean Clear Waters designation. Buyers will have the option to assume half of the current $18.7M loan currently at 4.25% interest, along with an additional $1.3M possible payout from the loan after a year.

Location Description:

On West Broadway, just off West Beltline Hwy 12/18 in Monona, WI.

Highlights:

>> Premier high end luxury units

>> New construction

>> Easy highway access

>> In-house high end restaurant with waterfront

>> Outstanding common ammenities

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Financials