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32927824
32927823

15 Locations

KW
IL 471.020705, KY 223497
RE/MAX Advantage
KG
KY 222131
The Washburn Gillespie Group, eXp Realty LLC
Listed by RE/MAX Advantage, The Washburn Gillespie Group, eXp Realty LLC
$1,199,000
13 days on market
Updated 13 days ago
Opportunity zone

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

KW
IL 471.020705, KY 223497
RE/MAX Advantage
KG
KY 222131
The Washburn Gillespie Group, eXp Realty LLC
Listed by RE/MAX Advantage, The Washburn Gillespie Group, eXp Realty LLC

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Additional Information

Name
KIMBERLY WILKINS
License
471.020705
Brokerage
RE/MAX Advantage
Brokerage Phone
618-524-4777
Title
Real Estate Broker
Brokerage Address
1424 West 10th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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