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618-277-4400

Single Family Rental Investment Portfolio

$750,000

Listing Resources

Listing Description

Rental Investment Portfolio

3 Single Family Rental Homes and 1 Townhouse for Sale in this Investment Portfolio. All Properties are located in O’Fallon, IL. 

Properties are well maintained with steady income and quality tenants. Only minutes from Scott Air Force Base in a fast growing community.

Well Maintained Neighborhoods in good School Districts. Conveniently located near Retail, Restaurants, Banks, Hospitals, Doctor’s Offices, etc. 

All Single Family Rentals have washers and dryers and two car garages. Townhouse has one car garage.

Portfolio Sale Price: $750,000
NOI: $51,178
CAP Rate: 6.82%
GRM: 9.7%

Listing Details

Settings
Listing No : 2342
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Sale Price : $750,000
CAP Rate : 6.82%
GRM : 9.70
NOI : $51,178
Parcel No : 04-20.0-115-002; 04-30.0-328-009; 03-36.0-177-007; 03-36.0-176-007
Zoning : SR-1B;MR-2(P);SR-2; SR-2
Zoning By : O'Fallon
Property Tax : $18,154
Tax Year : 2019
Gross Rental Income : $77,520
Insurance : $2,000
CAM : $301
Utilities : $644
Property Management : $5,243

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