Fantastic income investment package at just $39,990 per unit! Turn-key operation includes fully staffed & equipped office, computers, maintenance & leasing vehicles, brick storage buildings w/equipment. Mix of popular floor plans in both zero-lot-line & town-homes. Full-featured kitchens, patios, storage, brick & low-maintenance exteriors, central air, W/D hook-ups in each property. 'South Pointe Commons' is a super location just 11 miles north of Champaign-Urbana on route 45/Cunningham Ave. Quality solid-built buildings, well-maintained, open park-like commons. 236-unit package, regional rental draw w/good history, excellent cash-flow, great operation. Southern edge of town next to new water-park. Village/Rantoul Cass-A insp-dept rating. Nice investment for serious investors.
This is one unique investment that generates great cash flow! Three different homes---on one partial of land with one single tax number. Two-2 bedroom brick ranches, and 1 three bedroom-2 bath room brick ranch. 1600 per month coming on all three, rents easily, and could increase the rent on the two 2 bedrooms by as much as $100 each. Three bedroom is 100% updated, property is not in town and is in the Gifford School District. Seller is extremely MOTIVATED! BRING ANY OFFER!
Great INCOME Property in great location. Duplex is in great shape, already drawing a steady income, and there is more earning potential available. Updates include, newer ac, furnace, air handler, hot water heater, electric in the garage. Lower level needs a little work and you could have an additional 550 dollars per month of income on an 89,000 investment. The numbers simply work on this one. Wee cared for, hardwood floors, 3 car garage, large bedrooms, floorplans available. It has also been brought up to code for Rantoul City Rental Property. Priced to Sell!
46 UNIT COMPLEX SPREAD OUT OVER 7 BUILDING LOOKING FOR A NEW OWNER AND HAS BEEN PRICED TO SELL . GREAT OPPORTUNITY TO START YOUR OWNER INCOME PROPERTY. ALL UNITS NEED MAJOR WORK AND HAVE BEEN VACANT FOR SOME TIME. COMPLEX WILL BE SOLD IN AS IS CONDITION, NO REPAIRS WILL BE MADE. COME TAKE A LOOK AT WHAT THIS COMPLEX OFFERS ITS NEW OWNER. CURRENTLY 100% VACANT. IF RENTED 2 BEDROOM UNITS CLD RENT FOR 400-500 AND 1 BEDROOM UNITS 300-400. IF FULLY RENTED HAS POTENTIAL FOR OVER $200,000.
Mobil Home Park has 10 pads. The seller currently owns 8 mobile homes, which generates income from both the lot and each mobile home. One lot generates income from lot rent only. One is currently vacant. Owner projects $450-500 additional potential income (included in 2014 projected numbers above). The utility expense included above is for water, sewer, and trash removal.