404 W Adams St - Apartments FOR SALE


Macomb, IL 61455
$1,100,000 USD
812-964-9084
404 W Adams St, Macomb, IL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/7
null | 8.3% Cap Rate

404 W Adams St
Macomb, IL 61455


HIGHLIGHTS

  • $183 Rental Upside per Unit After Renovations
  • 10.05 Percent Pro Forma CAP Including the Cost of Renovations
  • 15.83 Percent Pro Forma Cash-on-Cash
  • Steps from Western Illinois University’s main campus

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

28

PRICE/UNIT

$39,286

CAP RATE

8.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

11-100-350-00,11-100-351-00

ASK ABOUT THIS PROPERTY

Teddy KennyMarcus & MillichapMore Info
812-964-9084

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Teddy KennyMarcus & MillichapMore Info
812-964-9084

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