Marketing Description:

Note: At closing, all rent restrictions will be lifted and most of the units will be vacant. Figures reflect market rents and expenses.Well located near Capitol Hill’s Pike/Pine retail corridor, the Park Hill Apartments offers strategic proximity to employers, restaurants and shops, light rail transit, and the future Madison RapidRide bus route, expected to begin service in 2024. Further, the classic brick veneer building features many uniquely grand floor plans averaging 965 square feet, with 9-foot ceilings and updated plumbing and wiring systems, as well as a 1,300-square-foot shop/storage/office space* currently used by the owner. Moreover, priced at just $253,000* per unit and $260* per foot, the Park Hill Apartments will appeal to a value-add investor as most of the units will be va