Cahokia Heights 12-Home Rental Portfolio
100% Occupied 12-Home Rental Portfolio | 8% Cap Rate | $192,660 Annual Gross Income
Marketing description
Acquire a stabilized portfolio of 12 single-family rental homes located throughout Cahokia Heights, Illinois. This income-producing investment is offered at $1.3 million and features 100% occupancy, approximately $192,660 in annual gross income, and an advertised 8% cap rate. Tenants pay utilities, helping reduce ownership expenses while providing consistent cash flow.
The portfolio includes a diversified collection of occupied homes with established rental income, making it an attractive opportunity for investors seeking immediate cash flow, long-term appreciation potential, and operational scale in one acquisition. Annual insurance totals approximately $13,812, with 2024 property taxes of approximately $27,029. Whether expanding an existing portfolio or entering the single-family rental market, this offering provides a turnkey investment with proven occupancy and strong income performance.
Investment highlights
• Portfolio of 12 single-family rental homes
• 100% occupied with immediate cash flow
• Asking price: $1.3 million
• Advertised 8% cap rate
• Annual gross income: $192,660
• Monthly gross income: $16,055
• Tenants pay utilities
• Annual insurance: approximately $13,812
• 2024 property taxes: approximately $27,029
• Opportunity to acquire a stabilized residential portfolio in a single transaction
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