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Listed with Best Realty of Edgerton
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Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 13% based on current list price & 2024 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 being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.
Property Type(s):
Commercial
Last Updated | 5/12/2025 | Year Built | 0 |
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County | Rock |
Additional Details
CONSTRUCTION | Wood Siding |
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HEAT | None |
LOT | 3920 sq ft |
STORIES | 1 |
TAXES | 197 |
WATER | Well, Private |
ZONING | Commercial |
Listed with Best Realty of Edgerton
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