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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27979162

703 W Park Ave, Champaign, IL 61820

JD
IL IL 475181066
Ramshaw Real Estate, Inc.
Listed by Ramshaw Real Estate, Inc.
$400,000
212 days on market
Updated 117 days ago

703 W Park

Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Units 4
Beds 4
Cap Rate 0.77%
NOI $3,078
Occupancy 100%
Pro-Forma Cap Rate 5.82%
Pro-Forma NOI $23,285

Multifamily | 4 Units | $100,000/unit

Marketing description

Introducing a compelling investment opportunity for Multifamily investors! This property comprises four units, including two 1-bedroom units and two studios, all fully leased through the end of July 2026. Great rental history ensures consistent and reliable income stream for investors. With its classic architectural appeal and established leasing history, the building presents an enticing investment prospect in the vibrant Champaign area.

Investment highlights

Four Unit Multifamily Investment

Fully Leased Through August 2026

Strong Rental History

Listing Contacts

JD
IL IL 475181066
Ramshaw Real Estate, Inc.
Listed by Ramshaw Real Estate, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,078.00
$256.50/mo

Valuation Metrics

0
DSCR
0.77%
Cap Rate
0.77%
ROI

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Additional Information

Name
Jordan Dunahee
License
IL 475181066
Brokerage
Ramshaw Real Estate
Brokerage Phone
2173596400
Brokerage Address
505 West University Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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