Listed by Ramshaw Real Estate, Inc.
$1,600,000
107 S Wright
Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Units 7
Beds 22
Cap Rate 4.26%
NOI $68,164
Pro-Forma Cap Rate 5.02%
Pro-Forma NOI $80,388
Multifamily | 7 Units | $228,571/unit
Marketing description
Presenting a 7-unit multifamily investment opportunity at 107 S Wright St, Champaign, IL. Currently leased out by-bedroom, this property comprises one studio, four 3-bedroom units, one 4-bedroom, and one 5-bedroom unit. Boasting 22 separate by-bedroom leases, all fully leased through August 2026, this property offers a steady income stream and excellent occupancy rates. Situated in the desirable Champaign area, this investment opportunity is perfect for those seeking to expand their portfolio in the thriving rental market.
Investment highlights
7 units totaling 22 By Bedroom Leases
Multifamily Suitable for Student Housing
Fully Leased Through August 2026
Listing Contacts
Listed by Ramshaw Real Estate, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,164.00
$5,680.33/mo
Valuation Metrics
0
DSCR
4.26%
Cap Rate
4.26%
ROI
Map
Zoning
MF-UNIV ResidentialMulti FamilyUniversity Multifamily
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 23 uses
View all 23 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Is there information that looks off?
