Multi-Family Investment Property- 43 Units
$1,700,000
Listing Resources
Listing Description
95% occupied cash flowing, value-add multifamily property. Close proximity to
gateway industrial park with abundant employment in immediate region. Offered well below replacement cost.
Appliances included on most units. Walk out porches on each unit. Shared laundry facility on first floor.
Sale Price: $1,700,000
10+% Cap Rate
Contact Broker for Financials
Listing Details
Settings
Listing No : 2650
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Lot Size (Acres) : 2 Acre(s)
Sale Price : $1,700,000
CAP Rate : 10%
Parcel No : 22-2-20-08-05-103-034-001, 22-2-20-08-05-103-017, 22-2-20-08-05-103-034
Zoning : R2
Zoning By : Granite City
Complex : Brooke Ridge Apartments
Property Tax : $43,918
Tax Year : 2021
Acres : 2 Acre(s)
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Carter
Marteeny - CCIM
- Office: 618-277-4400 Ext. 41
- Mobile: 618-304-3917
- carterm@barbermurphy.com