1225 W Freeman St - Apartments FOR SALE


Carbondale, IL 62901
$539,900 USD
754-251-0201
1225 W Freeman St, Carbondale, IL for Sale
$539,900 USD
Apartments - FOR SALE
1/2
null | 15.95% Cap Rate

1225 W Freeman St
Carbondale, IL 62901


HIGHLIGHTS

  • Central heat & air
  • City water & sewer
  • Separate electric & water meters
  • High quality construction
  • Laundry in the basement

OVERVIEW

B CLASS APARTMENT COMPLEX!!!! Total of 14 units. 12 x 2bed/1bath and 2 x 1bed/1bath. Beautiful stone exterior. High quality construction. Separate electric and water meters. Central heat & air. City water & sewer. On-site laundry. Needs some TLC and a new owner. BUILDING WILL GENERATE a 15%+ RETURN ON INVESTMENT!!! OVER 200K IN VALUE ADD!!! Do not miss out on this amazing opportunity. Professional property management and financing is available.

FOR SALE DETAILS

PRICE

$539,900 USD

PRICE/SF

$52 USD /SF

# OF UNITS

14

PRICE/UNIT

$38,564

CAP RATE

15.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wedgewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

15-20-432-008

ASK ABOUT THIS PROPERTY

Chris MurrayLOYD RealtyMore Info
754-251-0201

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Chris MurrayLOYD RealtyMore Info
754-251-0201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.