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Whispering Pines - Creative Financing 2473 Ladley Ct

264 Unit Apartment Building $19,000,000 ($71,970/Unit) Springfield, IL 62703

Apartment Buildings Illinois Springfield 2473 Ladley Ct, Springfield, IL 62703

Investment Highlights

  • Great location in Springfield IL.
  • 264 units in Springfield Illinois.

Executive Summary

For sale by owner!
Creative financing available!
264 units in Springfield Illinois.
OM & Financials in Deal Room below.
We have a few other properties we are open to selling as well.
If you are interested in those, or have any questions about this property, either inquire through Loopnet, or email me directly - Burton@LegacyWealthHoldings.Com

Data Room Click Here to Access

  • Offering Memorandum
  • Operating and Financials

Financial Summary (Pro forma - 2025) Click Here to Access

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

Financial Summary (Pro forma - 2025) Click Here to Access

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

Property Facts

Price $19,000,000 Building Class C
Price Per Unit $71,970 Lot Size 9.43 AC
Sale Type Investment Building Size 149,120 SF
No. Units 264 Average Occupancy 93%
Property Type Multifamily No. Stories 2
Property Subtype Apartment Year Built 1982
Apartment Style Garden
Price $19,000,000
Price Per Unit $71,970
Sale Type Investment
No. Units 264
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 9.43 AC
Building Size 149,120 SF
Average Occupancy 93%
No. Stories 2
Year Built 1982

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Carpet
  • Dining Room
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities
  • Property Manager on Site
  • Maintenance on site
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-11.0-377-005
  • 22-11.0-402-063
  • 22-11.0-377-004
  • 22-11.0-377-016
  • 22-11.0-402-054
  • 22-11.0-402-058
  • 22-11.0-402-060
  • 22-11.0-402-057
  • 22-11.0-402-055
  • 22-11.0-377-003
  • 22-11.0-402-031
  • 22-11.0-402-032
  • 22-11.0-402-033
  • 22-11.0-402-056
  • 22-11.0-402-062
  • 22-11.0-377-001
  • 22-11.0-377-002
  • 22-11.0-402-061
 Total Assessment $1,942,217 (2023)
Land Assessment $162,752 (2023) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $1,779,465 (2023) Tax Year 2025

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-11.0-377-005
  • 22-11.0-402-063
  • 22-11.0-377-004
  • 22-11.0-377-016
  • 22-11.0-402-054
  • 22-11.0-402-058
  • 22-11.0-402-060
  • 22-11.0-402-057
  • 22-11.0-402-055
  • 22-11.0-377-003
  • 22-11.0-402-031
  • 22-11.0-402-032
  • 22-11.0-402-033
  • 22-11.0-402-056
  • 22-11.0-402-062
  • 22-11.0-377-001
  • 22-11.0-377-002
  • 22-11.0-402-061
Land Assessment
$162,752 (2023)
Improvements Assessment
$1,779,465 (2023)
Total Assessment
$1,942,217 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025

zoning

Zoning Code PUD Residential (Planned Urban Residental)
PUD Residential (Planned Urban Residental)
(703) 424-4705

  • Listing ID: 33063040

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 2473 Ladley Ct, Springfield, IL 62703

More public record information on 2473 Ladley Ct, Springfield, IL 62703

The Multifamily Property at 2473 Ladley Ct, Springfield, IL 62703 is currently available For Sale. Contact Legacy Wealth Holdings for more information.

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Whispering Pines - Creative Financing | 2473 Ladley Ct
(703) 424-4705 x

Whispering Pines - Creative Financing | 2473 Ladley Ct

Nick Burton

(703) 424-4705

(703) 424-4705

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