NEW HEARTLAND VENTURES, LTD
Listed by NEW HEARTLAND VENTURES, LTD
$1,299,000
Maroa Solar Villas
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,400
Net Rentable (SqFt) 6,000
Units 4
Cap Rate 6.50%
NOI $85,000
Pro-Forma NOI $85,000
Year Built 2025/2026
Buildings 1
Stories 1
Acreage 12000.000
Zoning MULTI-FAMILY RESIDENTIAL
Parking Spaces 2 per unit
Occupancy Date 02/01/2026
Multifamily | 6.50% CAP | 4 Units
Marketing description
For Sale
Investment highlights
Small multi-family--available as 2 unit or 4 unit
Washington Street , Maroa, IL--site will hold 20 units total--10 as Two Flat, 5 as Four Flat
$499,900 for 2, $990,000 for 4--price includes rooftop solar with battery backup
1,248 SF per unit--so 2.496 for Two Flat
Immediate tax benefits for 35% brackets estimated at $60,000 for 2, $120,000 for 4 all electric, very energy efficient, 3br/2ba per unit--extremely popular school district with heavy commercial benefits
Listing Contacts
NEW HEARTLAND VENTURES, LTD
Listed by NEW HEARTLAND VENTURES, LTD
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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