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Board sustains assessment for 222 Arcadian Avenue (RCL Investments)
Summary
The Board of Review sustained the assessor’s valuation for RCL Investments’ property at 222 Arcadian Avenue after reviewing owner testimony and comparable sales.
The Waukesha Board of Review on July 11 reviewed and sustained the assessor’s valuation for the RCL Investments property at 222 Arcadian Avenue.
Jake Line again represented the owner and presented financial statements and an income approach. The assessor provided multiple sales comparables and noted that the subject property sits within the range of recent sales on a per‑unit basis after adjustments. The board found the assessor’s comparable evidence the most credible and sustained the assessment by unanimous vote.
The clerk will mail the board’s written determination and standard appeal information to the owner.
