Location: Madison, WI
Apartment Units: 128
Axiom Properties has increased it's presence in the Madison market by successfully negotiating the purchase of Heather Downs, a 128 unit multifamily apartment community in Madison, Wisconsin. Built between 1980 and 1996, prominently located at the corner of McKenna Boulevard and Raymond Road in southwest Madison. This location provides easy access to employment, Elver Park, police and fire services across the street, and a new Kwik Trip grocery/gas store across the street. All units have original cabinets, counters, fixtures, and bathrooms. A planned light rehabilitation of 26 unit interiors includes counters, appliances, fixtures, and flooring. An
additional 10 units will receive the above renovations with new cabinets. The upgrades will modernize the units which will enhance demand and drive rental growth.