$ 6,200,000
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$6,200,000
Price -
0
Bed -
0
Bath -
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SqFt
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About the Listing BHSP17 - LAMAS
Your opportunity to acquire a turnkey 64-unit income-producing multi-family portfolio in Granite City, Illinois. This property offers a diverse mix of 64 residential units, including: - One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit) - Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit) - Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit) - One single-family home – 1200 sq ft Property Highlights - Unit Mix Variety: Appeals to a wide tenant base. - Fully leased, delivering investors immediate income. - Strong Cap Rate: At an impressive 8.29% cap rate, this asset offers competitive returns. - Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests. -Onsite Laundry - 3 convenient coin-operated laundry facilities. - Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with a guard shack, providing peace of mind for residents. - Community Features: Multiple courtyard spaces / 2 blocks from Wilson Park, a 74-acre city park that has been in operation since 1921, serving as a cornerstone for community activities. Offering includes parcel numbers - 22-2-20-07-19-402-014 - Buildings 1&2 , 22-2-20-18-07-201-012 -2681 Center St., 22-2-20-18-07-201-009 - 2702 Center St. (Single Family), 22-2-20-07-19-402-013 - 2706-2734 Center St - WILL NOT DIVIDE
Listing Highlights
Status
Active
Days on Site
93
Property Type
Commercial Sale
MLS ®
25063286
Year Built
1969
Total Square Footage
0
Lot/Acreage
3.17
County
Madison
Neighborhood
Hillmers Sub
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Luxury Vinyl,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 80
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 22-2-20-07-19-402-014
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
2701 Center St Granite City, IL 62040
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