Unique investment opportunity to own your own water system. 49 accounts pay $106.50 every three months. Cap rate of 8.055% based on current list price & 2021 financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land development (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important).
Courtesy of: Best Realty Of Edgerton Copyright 2022, South Central Wisconsin MLS Corporation. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, provided by seller, listing broker, and other parties, may not have been verified. All rights reserved. Updated: 2nd February, 2023 11:19 AM (UTC)