15-Door Rental Portfolio, IL Specialty FOR SALE


Metropolis, IL
$1,199,000 USD
270-331-4747
, Metropolis, IL for Sale
$1,199,000 USD
Specialty - FOR SALE
1/24
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15-Door Rental Portfolio, IL
Metropolis, IL


HIGHLIGHTS

  • An exceptional opportunity to acquire a stabilized, income-producing residential porttolio strategically located throughout Metropolis, Illinois.

OVERVIEW

15 Residential Units located within close geographic proximity throughout Metropolis, Illinois - An exceptional opportunity to acquire a stabilized, income-producing residential porttolio 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. • 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 Strong Market Fundamentals • 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 Investment Appeal • 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 otters both stability and growth • Opportunity to capitalize on a market poised for continued economic and population growth This portfolio represents a rare chance to acquire a scalable, efficiently operated residential investment platform in one of Southern Illinois' emerging growth markets.

ASK ABOUT THIS PROPERTY

Kathleen GillespieThe Washburn Gillespie Group | eXp Realty LLCMore Info
270-331-4747

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Kathleen GillespieThe Washburn Gillespie Group | eXp Realty LLCMore Info
270-331-4747

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