Apartment Buildings /IL /Jefferson County /Mount Vernon /613 S 16th St
Apartment Buildings /IL /Jefferson County /Mount Vernon /613 S 16th St

613 S 16th St - Apartments FOR SALE


Mount Vernon, IL 62864 | 
$129,900 USD
754-251-0201
613 S 16th St, Mount Vernon, IL for Sale
$129,900 USD
Apartments - FOR SALE
1/5
null | 17% Cap Rate
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613 S 16th St
Mount Vernon, IL 62864

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OVERVIEW

Value Add Quad!!! Solid brick construction. 2 x 2bed/1bath and 2 x 1bed/1bath. INSANE RENTAL COMPS!!! Needs TLC. Beautiful area. Tons of potential and upside. Will generate a 17%+ NET RETURN ON INVESTMENT!! $80,000 INSTANT EQUITY!!! Professional management and financing is available.

FOR SALE DETAILS

PRICE

$129,900 USD

PRICE/SF

$45 USD /SF

# OF UNITS

4

PRICE/UNIT

$32,475

CAP RATE

17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

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

1940

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

07-31-276-009

ASK ABOUT THIS PROPERTY

Chris MurrayLOYD RealtyMore Info
754-251-0201

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Chris MurrayLOYD RealtyMore Info
754-251-0201

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