210 Kiick St - Apartments FOR SALE


Latham, IL 62543
$649,900 USD
754-251-0201
210 Kiick St, Latham, IL for Sale
$649,900 USD
Apartments - FOR SALE
1/2
null | 21% Cap Rate

210 Kiick St
Latham, IL 62543


OVERVIEW

CASH COW!!! Awesome 19 unit complex. 17 units in the main building and 2 units in the second building. New roof on the main building. All brick, high quality solid construction. Separate electric meters, city water and sewer. Low maintenance expenses. WILL GENERATE AN 21%+ NET RETURN ON INVESTMENT!!! $300K IN VALUE ADD AFTER RAISING RENTS TO MARKET VALUE!!! Do not miss out on this amazing opportunity. 1beds rent for $700 and 2beds rent for $950!!!!!! INSANE RENTAL DEMAND!!!! Property management and financing is available.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$44 USD /SF

# OF UNITS

19

PRICE/UNIT

$34,205

CAP RATE

21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Latham Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

19

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,726 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

02-036-028-00

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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Eli AhmadovLOYD RealtyMore Info
754-251-0201

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