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0 Marian -1
Edgerton, WI 53534

$159,900 USD

Utility Substation For Sale  •  600 SF

Property Details

  • Property Type Utility Substation
  • Total Building Size 600 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1955
  • Zoning C
0 Transit Score
1 Walk Score

Description

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 12% based on current list price & 2024 estimated 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.

Highlights

Water Utility Company
Low Maintenance
Great CAP Rate

Property Flyers

Public Transportation

AirportDriveWalkDistance
Dane County Regional/Truax Field 46 min - 33.0 mi
Kyle Carrier 608-449-3630 Best Realty of Edgerton Ltd.
Kyle Carrier 608-449-3630 Best Realty of Edgerton Ltd.