201 Geneva National Ave S Lake Geneva, WI 53147
Geneva National NeighborhoodEstimated payment $8,272/month
Highlights
- 4.51 Acre Lot
- Central Air
- Carpet
About This Home
Excellent investment opportunity in Geneva National Business Center Condominium. Currently leased to long term tenants Geneva Cabinets and Bella Tile and Stone. Tenants pay for condominium assessments which includes sewer and water. Tenants also pay for common area maintenance and property taxes. Currently offered at a 7.4 cap rate providing a great return on investment. This building is ready for a new owner and is in pristine condition. High traffic count and great visibility off of highway 50 and ample parking.
Property Details
Property Type
- Other
Est. Annual Taxes
- $8,430
Lot Details
- 4.51 Acre Lot
- Property fronts a state road
- JGN 5900005
Parking
- 12 Parking Spaces
Home Design
- Composition Roof
Interior Spaces
- 4,000 Sq Ft Home
- Carpet
Utilities
- Central Air
- 220 Volts
Community Details
- Gross Income $104,124
- Net Operating Income $104,124
Listing and Financial Details
- Exclusions: All tenants business and personal property included but not limited to business trade fixtures, inventory, office furnishings and equipment.
- Assessor Parcel Number JGN 590004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,117 | $265,000 | $70,000 | $195,000 |
| 2023 | $2,257 | $265,000 | $70,000 | $195,000 |
| 2022 | $2,215 | $130,000 | $50,000 | $80,000 |
| 2021 | $1,918 | $130,000 | $50,000 | $80,000 |
| 2020 | $1,844 | $130,000 | $50,000 | $80,000 |
| 2019 | $1,835 | $130,000 | $50,000 | $80,000 |
| 2018 | $1,687 | $130,000 | $50,000 | $80,000 |
| 2017 | $1,677 | $130,000 | $50,000 | $80,000 |
| 2016 | $1,815 | $130,000 | $50,000 | $80,000 |
| 2015 | $1,843 | $130,000 | $50,000 | $80,000 |
| 2014 | $1,701 | $130,000 | $50,000 | $80,000 |
| 2013 | $1,701 | $130,000 | $50,000 | $80,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $1,400,000 | -- | $350 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,075,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | New Conventional | |
| Previous Owner | $600,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $461,722 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $514,000 | Future Advance Clause Open End Mortgage |
Source: Metro MLS
MLS Number: 1919071
APN: JGN5900005
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