Off-market 82 unit(or smaller) Milwaukee Portfolio

[Sam Erickson]

First off I want to say that I do not own these properties nor are they my listings.  I'm a realtor looking for a buyer on this off-market Milwaukee portfolio. This deal was passed to me by the agent with the pocket listing.  I'm looking to represent you as a buyer.  We will sign a buyer agency agreement and my fiduciary responsibility will be to you as the buyer, not the seller.

The portfolio is made us of 39 properties with a total of 82 units.  Property break down is as follows: 4-SF, 29-Duplexes, 4-Triplexes, 2-fourplexes.

The asking price for the whole portfolio is $2,800,000.00. However, the seller is willing to break the portfolio up into 7 seven smaller portfolios that can be sold off. The breakout of each smaller portfolio can be seen below. The NOI was calculated assuming 50% expenses.

Attached is a map of the properties as well. If you have any interest and would like further information let me know.  Being that the portfolio is so large this was all that was given to me at this point.  If you have serious interest in all or some of the portfolios below we should be able to get more details on them.

Portfolio #1 - $460,000
Address	Units	Yearly Revenue	NOI
2139-2141 N 47th Street	2	$15,600	$7,800
2422-2424 N 41st Street	2	$17,400	$8,700
2467-2469 N 41st Street	2	$20,340	$10,170
3806 W Galena Street	1	$12,000	$6,000
2044-2046 N 35th Street	2	$15,000	$7,500
2103-2105 N 41st Street	2	$14,820	$7,410
2428-2430 N 40th Street	2	$15,600	$7,800
Total	13	$110,760	$55,380
Portfolio #2 - $260,000
Address	Units	Yearly Revenue	NOI
2551-2553 N 44th Street	2	$12,600	$6,300
2806-2808 N 51st Street	2	$14,700	$7,350
3136 N 34th Street	1	$10,800	$5,400
3253 N 45th Street	1	$7,800	$3,900
3120, 3120A N 41st Street	2	$15,600	$7,800
Total	8	$61,500	$30,750
Portfolio #3 - $225,000
Address	Units	Yearly Revenue	NOI
1219-1221 W Clarke Street	2	$16,800	$8,400
2611-2611A W Orchard Street	2	$15,600	$7,800
1914-1916 W Vienna	2	$14,700	$7,350
3154 N 12th Street	3	$24,000	$12,000
Total	9	$71,100	$35,550
Portfolio #4 - $590,000
Address	Units	Yearly Revenue	NOI
413-419 W Clarke Street	4	$25,200	$12,600
2477-2479 N 6th Street	2	$16,740	$8,370
2607-2607A N 4th Street	2	$10,800	$5,400
2624, 2624A, 2624B N 6th Street	3	$20,400	$10,200
2724-2724A N Palmer Street	2	$13,200	$6,600
639 W Meinecke, 2370 N 7th Street	2	$15,600	$7,800
633-635 W Clarke	2	$16,200	$8,100
Total	17	$118,140	$59,070
Portfolio #5 - $765,000
Address	Units	Yearly Revenue	NOI
415A-D Chambers Street	4	$25,200	$12,600
2965-2967 N Richards Street	2	$15,000	$7,500
3036-3038 N 1st Street	2	$16,200	$8,100
3061, 3061A, 3061B N 5th Street	3	$25,200	$12,600
3071, 3071A, 3073 N 5th Street	3	$20,100	$10,050
3162-3164 N Richards Street	2	$18,300	$9,150
3205-3207 N 3rd Street	2	$15,600	$7,800
3158-3160 N Richards	2	$16,776	$8,388
3047 N 40th Street	Land
Total	20	$152,376	$76,188
Portfolio #6 - $360,000
Address	Units	Yearly Revenue	NOI
111-113 Concordia Avenue	2	$17,400	$8,700
3329-3329A N 1st Street	2	$13,200	$6,600
3466, 3466A N 3rd Street	2	$15,600	$7,800
3538-3540 2nd Lane	2	$13,800	$6,900
112-114 E Townsend	2	$11,700	$5,850
Total	10	$71,700	$35,850
Portfolio #7 - $175,000
Address	Units	Yearly Revenue	NOI
609 W Abert Place, 3853 N 6th Street	2	$12,300	$6,150
3726, 3726A N 6th Street	2	$14,400	$7,200
620 W Melvina	1	$8,400	$4,200
Total	5	$35,100	$17,550

Thanks, Sam.

keywords: Wisconsin, Milwaukee, Chicago, California, Off Market, Duplex, Multi, BRRR