Listed by RE/MAX Advantage, The Washburn Gillespie Group, eXp Realty LLC
$1,199,000
Single Family Rental Portfolio - Metropolis, Illinois
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 15
Occupancy 87%
Tenancy Multi
Investment Type Value Add
Multifamily | 15 Units
Marketing description
An exceptional opportunity to acquire a stabilized, income-producing residential portfolio strategically located throughout Metropolis, Illinois. This professionally managed collection of assets offers immediate cash flow, operational efficiency, and strong long-term upside driven by regional economic growth.
Investment highlights
15 Residential Units located within close geographic proximity throughout Metropolis, Illinois
Currently 87% occupied, this portfolio provides immediate in-place cash flow from day one
Stable, Long-Term Tenant Base with strong occupancy history and established landlord-tenant relationships
Below-Market Rents create a clear value-add opportunity through future rent increases and revenue optimization
Operationally Efficient Portfolio due to the concentrated location of the assets, allowing for streamlined management and reduced operating costs
Professionally Maintained & Managed with consistent rental performance and strong tenant retention
Positioned to benefit from the ongoing economic expansion surrounding the DOE Site development across the river in Kentucky
Thousands of new jobs expected throughout Southern Illinois and Western Kentucky over the next two years
Increasing employment growth is already driving stronger housing demand and rental rate pressure throughout the region
Limited local housing supply continues to place a premium on well-located rental properties in the market
Ideal opportunity for a first-time investor seeking immediate scale and stable income
Attractive addition for a seasoned investor looking to expand an existing residential rental portfolio
Combination of current cash flow + future upside potential offers both stability and growth
Opportunity to capitalize on a market poised for continued economic and population growth
Listing Contacts
Listed by RE/MAX Advantage, The Washburn Gillespie Group, eXp Realty LLC
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