Listed by Barbermurphy Group
$550,000
Fully Occupied 8 Unit Multifamily Investment Opportunity
Details
APN 03-28.0-302-049
Property Type Multifamily
Sub Type Apartment Building
Units 8
Occupancy 100%
Pro-Forma Cap Rate 11.48%
Pro-Forma NOI $63,136
Class C
Year Built 1963
Stories 2
Acreage 0.850
Zoning M-1
Parking Spaces 12 spaces
Investment Type Value Add
Multifamily | 8 Units
Marketing description
8 unit multifamily investment property. 4 Units are 2 bed / 1 bath. 4 units are 1 bed / 1 bath.
Well located in high-traffic retail district of Fairview Heights. Proximity to multiple interstate and highway systems. Plenty of jobs in the surrounding area.
Listing Contacts
Listed by Barbermurphy Group
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