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112 Bonds Ave

3 Unit Apartment Building $99,900 ($33,300/Unit) 15.95% Cap Rate East Alton, IL 62024

Investment Highlights

  • Solid brick building!!!
  • 30 mins from St Louis!!!
  • Separate meters!!!
  • High Cap Rate!!!

Executive Summary

Awesome Investment! Triplex in a beautiful area. Good condition. Nice backyard with a wooden deck. Brick/Frame. Seperate electric and gas meters. Property will generate a 15.9% NET RETURN ON INVESTMENT!!! Do not miss out on this opportunity. Property management and financing is available.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $99,900
Price Per Unit $33,300
Sale Type Investment
Cap Rate 15.95%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Lot Size 0.10 AC
Building Size 2,353 SF
Average Occupancy 100%
No. Stories 3
Year Built 1950

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $600.00 -
2+1 1 $700.00 -
  • Listing ID: 34285638

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 112 Bonds Ave, East Alton, IL 62024

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