Keystone Flats Apartments Multi-Family FOR SALE


Midlothian, IL
$2,025,000 USD
773-551-1268
, Midlothian, IL for Sale
$2,025,000 USD
Multi-Family - FOR SALE
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Keystone Flats Apartments
Midlothian, IL


HIGHLIGHTS

  • 83% - 2 Bedroom Apartments
  • Well Maintained Buildings
  • 50% Renovated Units

OVERVIEW

Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns

ASK ABOUT THIS PROPERTY

James CloughReal Realty, Inc.More Info
773-551-1268

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James CloughReal Realty, Inc.More Info
773-551-1268

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