Investment Grade Portfolio Offering 3 Retail Condos Offered at $395,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- little to no deferred maintenance
- close proximity
- below market rents ** ability to increase REVENUE **
- easily managed
- thriving real estate asset type
- CASH FLOWING
EXECUTIVE SUMMARY
Will not last long !!! - Meticulously Maintained Condo portfolio. ..
NOI and CAP Rate are Pro Forma
Arm Chair Investment -
Current Rents are Below Market - Presents the new owner the Opportunity to increase Income, Cap rate & ROI by adjusting rents to fit the market.
This is anAmazing opportunity for an investor to enter the thriving residential market at an affordable price point...
Each unite separately metered - Affording an investor the flexibility to liquidate of each unit separately under their discretion.
BELOW MARKET RENTS - Plenty of room to increase Rents and Revenue.
Turn Key - Majority of rents are paid on time and electronically deposited..
**** Purchasing a condominium portfolio has significant advantages over purchasing a single property that features the same or better cap rate. Each condominium has an association that handles & budgets for large expenses including: parking lot, roof, exterior, foundation, structural, etc. Each condominium has their own separate duct work and HVAC systems. *****
Excellent
Please note: CoStar/Loopnet manipulates the data contained in our listings without the consent of the property owner and Brokerage . Often times this creates Inaccuracies in our listings. Due to this, the accuracy of each listing should be confirmed by contacting our office or agent directly..
NOI and CAP Rate are Pro Forma
Arm Chair Investment -
Current Rents are Below Market - Presents the new owner the Opportunity to increase Income, Cap rate & ROI by adjusting rents to fit the market.
This is anAmazing opportunity for an investor to enter the thriving residential market at an affordable price point...
Each unite separately metered - Affording an investor the flexibility to liquidate of each unit separately under their discretion.
BELOW MARKET RENTS - Plenty of room to increase Rents and Revenue.
Turn Key - Majority of rents are paid on time and electronically deposited..
**** Purchasing a condominium portfolio has significant advantages over purchasing a single property that features the same or better cap rate. Each condominium has an association that handles & budgets for large expenses including: parking lot, roof, exterior, foundation, structural, etc. Each condominium has their own separate duct work and HVAC systems. *****
Excellent
Please note: CoStar/Loopnet manipulates the data contained in our listings without the consent of the property owner and Brokerage . Often times this creates Inaccuracies in our listings. Due to this, the accuracy of each listing should be confirmed by contacting our office or agent directly..
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 11857 S Karlov Ave, 1st Floor - Unit 1, Alsip, IL 60803 | Retail Condo | 1,000 SF | 1987 | - |
| 11857 S Karlov Ave, 1st Floor - Unit 2, Alsip, IL 60803 | Retail Condo | 1,100 SF | 1987 | - |
| 14533 Lamon Ave, 2nd Floor - Unit 6, Midlothian, IL 60445 | Retail Condo | 1,100 SF | 1975 | - |
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