Townline Lilly
East Troy, Wisconsin
Dean Realty Group, Inc.          1667 Capital Avenue, Suite D          Madison, WI 53705
PRICE:                                     $1,495,000

UNITS:                                             24

BEDROOMS:                                  48

AVERAGE RENT:                     $589/Mo.

NO. of BLDGS:                                 3

YEAR BUILT:                          1977 & 1978

Townline Lilly is a 24-unit apartment property located in East
Troy, WI. The apartments were built in 1977 and 1978 on a
total of 2.31 Acres. The property consists of three 8-unit
buildings each on separate parcels. All three properties have
low-maintenance brick or vinyl exterior, full basement, newer
windows, pitched shingle roofs, tenant storage and
coin-operated laundry.

The two buildings that are located on Townline Road (16-units)
have high-efficiency boiler heat (recently replaced) and the
building located on Lilly Avenue (8-units) has electric baseboard
heat paid by the tenants. Recent capital improvements include
common area flooring, windows, boilers, and roof (one

Neighboring properties have established a market rent about
$75 higher than the average rent at the Townline Lilly
Apartments. With increased economic activity and easy access
to the announced Foxconn location via State Highway 20, East
Troy is well positioned for long-term rent growth and increased
demand for rental housing.

28 Miles From Foxconn Location (Hwy 20)

Near Grocery, Schools, Downtown & I-43

Newer Windows & Boilers

Below Market Rents
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