Apartment Buildings /IL /Madison County /Granite City /1832 Cleveland Blvd
Apartment Buildings /IL /Madison County /Granite City /1832 Cleveland Blvd

1832 Cleveland Blvd - Apartments FOR SALE


Granite City, IL 62040 | 
$1,475,000 USD
1832 Cleveland Blvd, Granite City, IL for Sale
$1,475,000 USD
Apartments - FOR SALE
1/3
null | 9.3% Cap Rate
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1832 Cleveland Blvd
Granite City, IL 62040

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OVERVIEW

Turnkey Investment with Guaranteed Income & Expansion Potential! This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

12

PRICE/UNIT

$122,917

CAP RATE

9.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

MF

APN/PARCEL ID

22-2-19-24-08-204-005

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