5 Beverly Ln - Apartments FOR SALE


Marissa, IL 62257
$50,000 USD
877-473-2018
5 Beverly Ln, Marissa, IL for Sale
$50,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

5 Beverly Ln
Marissa, IL 62257


HIGHLIGHTS

  • Property includes an off-street parking area for tenants and is also a block away from Dollar General.
  • Potential for quick cash flow since one unit at a time could be updated and rented out while work on the remaining units are completed
  • There is only 1 water meter going to the property. Could be a great investment opportunity!

OVERVIEW

Check out this 4 unit apartment complex that is currently set up as 1 bed / 1 bath units. Property includes an off-street parking area for tenants and is also a block away from Dollar General. Repairs are needed, but there is potential for quick cash flow since one unit at a time could be updated and rented out while work on the remaining units are completed. There is only 1 water meter going to the property. Could be a great investment opportunity!

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$24 USD /SF

# OF UNITS

4

PRICE/UNIT

$12,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Beverly Ln, Marissa, IL 62257

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

21-22.0-319-019

ASK ABOUT THIS PROPERTY

Brad ChandlerProperty Peddler IncMore Info
877-473-2018

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Brad ChandlerProperty Peddler IncMore Info
877-473-2018

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