11 HI Pointe Dr - Apartments FOR SALE


Belleville, IL 62223
$125,000 USD
618-606-3829
11 HI Pointe Dr, Belleville, IL for Sale
$125,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

11 HI Pointe Dr
Belleville, IL 62223


OVERVIEW

Value-add multifamily investment opportunity at 11 Hi Point Dr, Belleville, IL 62223. Offered at $125,000, the property includes approximately 1,456 SF of above-grade living area plus a full 1,456 SF basement, masonry construction, seller-owned appliances, and additional paved areas. The property presents an affordable opportunity for an investor seeking rental income potential and long-term upside in the Belleville market. Buyer to independently verify unit count, occupancy, rents, zoning, square footage, and all property information.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$25 USD /SF

# OF UNITS

4

PRICE/UNIT

$31,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,714 SF

ZONING

R2

APN/PARCEL ID

02-36.0-407-008

ASK ABOUT THIS PROPERTY

Brendan BaroneH3: Front Runner Commercial TeamMore Info
618-606-3829

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Brendan BaroneH3: Front Runner Commercial TeamMore Info
618-606-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.