111 Sycamore Dr - Apartments FOR SALE
Park Forest, IL 60466 |
111 Sycamore Dr
Park Forest, IL 60466
HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- 304 Apartments, 80 Townhomes
- Assumable Debt: Total Balance of $36.4MM [79% LTV at List], 5.55% IR
- Favorable Mix of Majority [70%] 2BD/2BA and 3BD/2BA Units
- Ownership Recently Spent $3 Million in Renovation
- Opportunity for Investor to Achieve Stellar Cash-On-Cash Returns with Assumable Below-Market Interest Rate, Higher Leverage Debt
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Autumn Ridge Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
472626
STORIES
6
YEAR BUILT
1971
PARKING SPACES
744
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
23-15-06-103-001
