1942 COUNTY ROAD 3000N
Property Description
This well-maintained, all-brick apartment complex consists of two buildings with durable rolled rubber roofs, offering a total of 16 units. This is a solid, income-producing property with a strong maintenance record and excellent rental appeal. The south building includes four two-bedroom apartments and two one-bedroom apartments, while the north building features ten one-bedroom units. Each apartment is equipped with electric heat, an electric water heater, and an electric cooking range-there is no gas service to the units. The property is serviced by its own well and septic systems, with new septic systems installed in 2017 and 2022, ensuring reliable infrastructure. All apartments include either window or wall-mounted air conditioning units, and the owner provides refrigerators, ranges, and A/C units. Tenants are responsible for all utilities, making this a low-maintenance investment for the owner. The complex also offers ample parking directly in front of the buildings, adding to tenant convenience. The owners are motivated to sell, presenting a great opportunity for investors seeking a dependable and well-cared-for asset. ________________________________________
Broker Details
Realty 2000, Inc. (217) 892-2000
MLS ID: 951478 State License Number: 475098977
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $685,000 |
| No. of Units: | 16 |
| Year Built: | 1968 |
| Opportunity Zone: | No |
| Price per unit: | $42,813 |
| Property Website | Click Here |
| Number of Bedrooms: | 20 |
| Number of Bathrooms: | 16 |
ID: 3yd-MREDIL-12353416
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
720-22 W. Cornelia
Chicago, Illinois
3109 Central Drive
Fort Wayne, Indiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout