Listed by Ramshaw Real Estate, Inc.
$650,000
209 Coler Ave
Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Units 6
Beds 7
Cap Rate 4.42%
NOI $28,755
Occupancy 100%
Pro-Forma Cap Rate 5.97%
Pro-Forma NOI $38,794
Multifamily | 6 Units | $108,333/unit
Marketing description
6 unit multifamily investment opportunity in Urbana near the University of Illinois campus. The location is suitable for both student and non-student residents. Unfurnished units in vintage building. Window A/C, Boiler Heat. Gas Stove in each unit. Laundry and parking available on site. Secure access building. Rent includes Heat, Water, Sanitary, Garbage and Recycling.
Investment highlights
Fully Leased Multifamily Investment
Suitable for Student and Non-Student Residents
Listing Contacts
Listed by Ramshaw Real Estate, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$28,755.00
$2,396.25/mo
Valuation Metrics
0
DSCR
4.42%
Cap Rate
4.42%
ROI
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