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    Address Not Published

    Peoria, IL 61606
    • $1,900,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: PA1228037
    UPDATED: 22 min ago
    $1,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    * * PROPERTY PORTFOLIO IS CURRENTLY UNDER LOI ~ CONTRACT PENDING* * 16 property portfolio historically marketed as student housing for Bradley University. Property has impressive gross annual income projections as well as historical performance. Privately owned, units are extremely well maintained. Owner is retiring and portfolio will not be separated. Properties range from single family to four plex. Most leases in place through 5/2022 - Positive cash flow from day one! NDA required. No offers considered until September 1, 2021

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    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-09-26T13:44:53.387.
    www.viewspringfieldhomes.com/homes/120612376
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    Address Not Published Peoria, IL 61606

    • Price: $1,900,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: PA1228037
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Paar Area
    County:
    Peoria
    Area:
    Paar Area
    Property Description
    * * PROPERTY PORTFOLIO IS CURRENTLY UNDER LOI ~ CONTRACT PENDING* * 16 property portfolio historically marketed as student housing for Bradley University. Property has impressive gross annual income projections as well as historical performance. Privately owned, units are extremely well maintained. Owner is retiring and portfolio will not be separated. Properties range from single family to four plex. Most leases in place through 5/2022 - Positive cash flow from day one! NDA required. No offers considered until September 1, 2021
    Exterior Features

    Exterior Finish AluminumBrickVinylWood Siding Frontage Access City Street Garages Yes Other Access None Roof Construction Comp ShingleOther Roof Construction Wall Construction Frame

    Interior Features

    Common Laundry Yes Cooling Central AirIndividual Units Flooring CarpetedOther FlooringTerazzoTile/VinylWood Heating ElectricGasIndividual Units Individual Laundry No Insulation Party WallsSide Walls

    Property Features

    Annual Taxes 47183 Building Description Multi-Tenant For Lease No For Sale Yes Location Neighborhood Net Operating Income 0 Owner Pays Common Area MaintOwner Pays OtherReal Estate TaxesSnow/Lawn Ownership L.L.C. Possible Financing CashConventionalOther Poss Financing Property Use Other Property Use Sale Lease Includes BuildingSale/Lease Other Sale Rent For Sale Sewer Source Public Sewer Tax Incentive In City Limit Tenant Pays CoolingElectricGasHeatingTenant Pays Other Terms Lease Other Term/Lease Total Num Units 16 Type Commercial/Cie Type1 Multi-Family Underground Storage Tank No Water Supply City On Premises Zoning Residentia

    Listing provided courtesy of Amber Neal of Jim Maloof/Realtor.
    © 2021 RMLS Alliance, LLC. All Rights Reserved.


    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-09-26T13:44:53.387.
     
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