311 W University Dr - Apartments FOR SALE


Macomb, IL 61455
$730,000 USD
317-218-5330
311 W University Dr, Macomb, IL for Sale
$730,000 USD
Apartments - FOR SALE
1/9
null | 8.05% Cap Rate

311 W University Dr
Macomb, IL 61455


HIGHLIGHTS

  • Projected $90 Rental Upside per Unit
  • Projected 10.62 Percent Pro Forma CAP
  • Projected 15.62 Percent Cash-on-Cash
  • 0.5 miles from Western Illinois University's main campus

FOR SALE DETAILS

PRICE

$730,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

25

PRICE/UNIT

$29,200

CAP RATE

8.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

11-101-094-00

ASK ABOUT THIS PROPERTY

Aaron KuroiwaMarcus & MillichapMore Info
317-218-5330

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Aaron KuroiwaMarcus & MillichapMore Info
317-218-5330

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