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31394665
31394664

219 S F St, La Harpe, IL 61450

EA
LOYD Realty
Listed by LOYD Realty
$399,900
68 days on market
Updated 10 days ago

219 South F Street

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 10,296
Net Rentable (SqFt) 10,296
Units 12
Cap Rate 15.76%
NOI $63,032
Occupancy 75%
Pro-Forma Cap Rate 15.76%
Pro-Forma NOI $63,032
Price per SqFt $39
Class B
Year Built 1996
Buildings 3
Acreage 0.900
Investment Type Stabilized
Sale Condition For sale by owner

12-Unit Investment Opportunity with Strong Upside

Marketing description

CASH COW!!!

Beautiful 12 unit complex. 3 buildings. Each building has 4 x 2bed/1bath units. Units rent for $650 each!!! Property is in excellent condition. Separate electric meters and water. Low maintenance, baseboard heating, window a/c. WILL GENERATE A 17.35%+ NET RETURN ON INVESTMENT!!! $75K IN VALUE ADD!!!! Each building has a laundry room for more income. Do not miss out on this amazing opportunity!!!

Financing is available!

Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!

Listing Contacts

EA
LOYD Realty
Listed by LOYD Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$63,032.00
$5,252.67/mo

Valuation Metrics

0
DSCR
15.76%
Cap Rate
15.76%
ROI

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