Residential Portfolio For Sale Multi-Family FOR SALE


Decatur, IL
$575,000 USD
217-454-8800
, Decatur, IL for Sale
$575,000 USD
Multi-Family - FOR SALE
1/16
null | 12.41% Cap Rate

Residential Portfolio For Sale
Decatur, IL


HIGHLIGHTS

  • Portfolio of 12 properties with 15 rentable units
  • Strong rental demand supported by major employers
  • Estimated cap rate of 12.41% with stable cash flow
  • Strategic Central Illinois location with I-72 access

OVERVIEW

This Decatur residential portfolio presents a rare opportunity to acquire a diversified package of 12 rental properties strategically positioned across a proven Central Illinois market. Comprising ten single-family homes, one duplex, and one tri-plex, the portfolio offers a total of 15 units catering to a range of tenant needs. With strong rental demand driven by major employers such as ADM, Caterpillar, and leading healthcare providers, investors can expect stable occupancy and reliable cash flow. The offering delivers an estimated cap rate of 12.41% and a proforma NOI of $71,339, making it an attractive option for those seeking immediate income and long-term growth potential. Decatur’s connectivity via I-72 enhances accessibility to regional hubs, while its affordable housing and robust workforce base ensure sustained demand. This portfolio is well-suited for investors looking to scale their holdings in a market characterized by economic stability and opportunity for rental rate growth.

ASK ABOUT THIS PROPERTY

Zane PetersonMain Place Real EstateMore Info
217-454-8800

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Zane PetersonMain Place Real EstateMore Info
217-454-8800

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