Listed by Century 21 Affiliated Rockford
$3,999,000
2612 Blarney Stone Drive
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Multifamily | 0 Units
Marketing description
Portfolio of 22 units (Beloit/Town of Beloit/Clinton). Consists of 8 single familes, 5 Two units, 1 Four unit. Annual Rent Roll of $305,460 and Current average rent per unit $1,157 per month. Tenants pay all utilies, water, and sewer. Each unit has a garage for vehicles and storage. Remodel and upgrades to most units (great interior condition) over the last 5 years as well as many newer furnaces and central air units. Professionally property managed for the last 5 years. List price is between a 5-6 cap rate depending on if Property Managed. Attached in Documents are Tax info data sheets as well as 10 mile city report for the Stateline Area. Complete Rent Rolls and Expenses can be provided to Qualified Buyers. No showings until a LOI or MOA is presented to Sellers. Beloit, Town of Beloit, Clinton Sellers are Licensed Realtors
Listing Contacts
Listed by Century 21 Affiliated Rockford
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