$1,095,000
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Description
These apartments are an excellent investment opportunity! There are 16 2 bedroom/2 bath furnished units adjacent to Rend Lake College. They are primarily rented to Rend Lake College student athletes. The apartments are furnished and include a 2-person desk in each bedroom as well as 2 walk-in closets that are lockable. The apartments have an on-site manager who is long-term and responsible. The manager has her own apartment, and a separate leasing office. There is a laundry room and mail boxes in the center of the apartment complex. The complex has 7 security cameras, and the entire parking lot is well lit. Units 1-4 were built in 2001. Units 5-16 were built in 2004! More units can be built on the 8.43 acres. Financials available to serious investors. Call to schedule showing!
Details
| MLS# | 425750 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 15 |
Features
| SQ Feet | 18,320 |
|---|---|
| Units | 16 |
| Building(s) | 1 |
Additional Information
| Tax Exemption | 0 |
|---|---|
| Tax Year | 2017 |
| Approximate Taxes | 38060.00 |
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Area Information | |
|---|---|
| State | IL |
| County | Franklin |
| City | Ina |
| Zip Code | 62846 |
| County | Franklin |
| Listing VS Median (in 62846) | |
Price: $1,095,000 low | high Med: $12,500 SqFt: 18,320 low | high Med: 0 $ / SqFt: $60 low | high Med: $0 On Site: 15 low | high Med: 102 | |
MLS Number: 425750Listing Provided By:
Robin S. Gelfius of RE MAX Elite