Rooming House Portfolio

Rooming House Portfolio, Milwaukee, WI 53204

Property Information

  • For Sale $1,050,000
  • Property Type Multi-Family
  • Property Size 13,329 SF
  • Units 45
  • Date Updated Sep 1, 2026

Description

Kiser Group is pleased to present the opportunity to acquire a four-building, 44-room and 1commercial unit portfolio on Milwaukee's south side, priced at $1,050,000 ($23.3K/room). The portfolio is offered at an 11.08% cap rate on current performance, with the ability to increase top-line revenue by 15%, or approximately $45,800, based on proven in-place rents. Each building has an onsite manager and the offering is also priced below its current tax assessment, reducing the risk of a property tax increase upon purchase.Kiser Group is pleased to present the opportunity to acquire a four-building, 44-room and 1commercial unit portfolio on Milwaukee's south side, priced at $1,050,000 ($23.3K/room). The portfolio is offered at an 11.08% cap rate on current performance, with the ability to increase top-line revenue by 15%, or approximately $45,800, based on proven in-place rents. Each building has an onsite manager and the offering is also priced below its current tax assessment, reducing the risk of a property tax increase upon purchase.

Highlights

  • Ability to increase revenue by 15% (or $45,800)
  • Currently 93% occupied (3 vacant units)
  • Onsite manager at each building
  • Priced below current tax-assessment

Contacts

Location

Located at Rooming House Portfolio, Milwaukee, WI 53204, this property is part of the Historic Mitchell Street neighborhood and Milwaukee market.

Contact Listing Broker
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