Listed by LOYD Realty
$439,900
103 N DIVISION ST PONTIAC IL 61764-1777
Details
APN 151522336010
Property Type Retail, Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 9,136
Units 16
Cap Rate 19.09%
NOI $83,964
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 1
Remaining Term 1
Pro-Forma Cap Rate 19.09%
Pro-Forma NOI $83,964
Price per SqFt $48
Class B
Year Built 1916
Buildings 3
Acreage 0.500
Parking Spaces 1 per unit
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner
High-Yield Investment with Value-Add Potential
Marketing description
CASH COW!!!
2 quads and a 8 unit, total of 16 units. ONLY $27.5K PER UNIT!!! An hour and a half from Chicago O'Hare Airport! Clean neighborhood, block away from the river and park. TONS OF POTENTIAL!!! Units rent for $600 and $700 each. Will generate a 17.68%+ NET RETURN!!! $175K IN VALUE ADD!!! Beautiful community. Units comp for $50k+ per door.
Do not miss out, awesome opportunity.
Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!
Listing Contacts
Listed by LOYD Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,964.00
$6,997.00/mo
Valuation Metrics
0
DSCR
19.09%
Cap Rate
19.09%
ROI
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