Image 01 Image 02 Image 03 Image 04 Image 06 Image 07 Image 07 Image 07 Image 07
Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
top
Home For Sale Illinois Urbana 6225
You must be logged in to save properties to your favorites! Please log in.
Please Log In
 

Apartment Building For Sale By Owner

25 bedroom Mansion on University of Illinois Campus




606 W.Ohio, Urbana, Illinois 61801 United States
Description

This three story, 25 bedroom, 6 bath house boasts 10,000 square feet of refurbished living space in a beautiful home in the heart of Urbana�s campus town. Newly remodeled. Modern furnishings including flat screen televisions, commercial kitchen and large cafeteria. Lots of additional space for study hall, game room, etc.

Currently leased for 2 years at $10,000/mo. for 2020-21 and $10,600 for 2021-22. Tenants pay all major utilities. ROI=+$70K

Financial: 2018

Gross Income: $105,600

Operating Expenses: $44,446

Net Operating Income: $61,154

Price: $925,000
Property Sub-Type: Apartment Building
Cap Rate: 7.5 %
Gross Rent Multplier: 7.27
Total Building Size: 10000 SF
Year Built : 1926
No of Stories: 3
No of Parking Stalls: 11
Occupancy: 100 %
Listing ID: 6225

Map of: 606 W.Ohio, Urbana, Illinois 61801 United States

Featured Commercial Properties For Sale

6851 W. Belmont Ave., Glendale, Arizona 85303<br />United States

Flex Space

42,123 sqft

Glendale ,  Arizona

$540,000

3674 G Road, Palisade, Colorado 81526<br />United States

Mixed Use

1.9 sqft

Palisade ,  Colorado

$665,000

1712 Howard Ave, Tarboro, North Carolina 27886<br />United States

Strip Center

1.5 sqft

Tarboro ,  North Carolina

$450,000

415 East Bundy, Ironwood, Michigan 49938<br />United States

Other

2.5 sqft

Ironwood ,  Michigan

$25,000

357 Airport Dr, Joliet, Illinois 60431<br />United States

Industrial-Condo

Joliet ,  Illinois

$299,000

66 Myrtle St, Claremont, New Hampshire 03743<br />United States

Apartment Building

2 sqft

Claremont ,  New Hampshire

$1,495,000