222 E Carroll St - Apartments FOR SALE


Macomb, IL 61455
$398,000 USD
910-381-8602
222 E Carroll St, Macomb, IL for Sale
$398,000 USD
Apartments - FOR SALE
1/1
null | 7.65% Cap Rate

222 E Carroll St
Macomb, IL 61455


OVERVIEW

Excellent investment opportunity in the heart of Macomb! This 22-unit multi-family property at 222 E Carroll St offers stable cash flow with a solid Net Operating Income (NOI) of $30,456 annually. Priced competitively at $398,000, this building provides strong value for investors looking to expand their portfolio or enter the rental market.

FOR SALE DETAILS

PRICE

$398,000 USD

PRICE/SF

$24 USD /SF

# OF UNITS

22

PRICE/UNIT

$18,091

CAP RATE

7.65%

% LEASED

77%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Combs Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

11-200-044-00

ASK ABOUT THIS PROPERTY

Jeremie HesterTriuneMore Info
910-381-8602

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Jeremie HesterTriuneMore Info
910-381-8602

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