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32721004
32721003

808 West Hillcrest Drive, DeKalb, IL 60115

MC
IL IL 471019141
Citypoint Illinois LLC
PN
IL IL 475190041
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC
$2,450,000
25 days on market
Updated 25 days ago

OFF-Market 25 Unit Townhome Portfolio - DEKALB

Details
Property Type Multifamily
Square Footage 27,075
Cap Rate 6.50%
NOI $217,440
Pro-Forma NOI $255,060

OFF-Market 25 Unit Townhome Portfolio - DEKALB

Marketing description

Presenting a Strong investment opportunity in DeKalb, this 25-unit property consists of five well maintained 5 townhouse style buildings, all conveniently located on the same block within steps from each other & just minutes from NIU. Exterior has been well maintained boasting recent window replacements in all buildings within the last 5 years. The roofs are currently in good shape. Furthermore, ALL roofs are slated to replaced in 2024! Interior units are in great shape, spacious & rental ready. Each unit also boasts INDIVIDUAL WASHER/DRYER sets in each unit. All units run efficiently & have separate electric meters along with electric baseboard heating systems. The townhome package showcases vinyl siding on 4 units and cedar plank on 1, while brick exteriors are well-maintained across all buildings. All units present a valuable opportunity for rent increases and come with more than one parking spot per unit. Notably, the OWNER HAS ADDITIONAL BUILDINGS FOR SALE in the same area that can be packaged together, expanding the potential for a comprehensive investment portfolio. Explore this lucrative property today and capitalize on the chance to contribute to DeKalb’s thriving community.

Listing Contacts

MC
IL IL 471019141
Citypoint Illinois LLC
PN
IL IL 475190041
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$217,440.00
$18,120.00/mo

Valuation Metrics

0
DSCR
8.88%
Cap Rate
8.88%
ROI

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Additional Information

Name
Marcin Chojnacki
License
IL 471019141
Name
Phu Nguyen
License
IL 475190041
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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