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Park View Apartments, nestled in the quiet neighborhood surrounding Hawthorne Park in Janesville, Wisconsin is a great opportunity for steady investment.  The setting for Park View is idyllic with grand, stately oak trees and an expansive lawn area.  Typically appealing to a senior demographic, Park View has been a destination for residents seeking efficient living and access to important amenities like shopping, medical offices, hospitals and pharmacies. Tenants enjoy this asset’s boutique feel, and it shows via high retention rates and long rental tenure as a result.

This is truly a "bread and butter" opportunity for investors seeking low risk and strong returns.  This is coupled with the opportunity to convert the asset into a more "senior specific" use giving a new investor multiple executions.  In addition, current ownership has secured favorable, assumable agency financing at record-low interest rates, which allows new ownership to generate great returns immediately.

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Under Contract
Park View Apartments
96 Units
1601 N Randall Ave.
Janesville, WI  53545
Type: Conventional
Posted: 10/3/2018