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🏢 Just listed — Student Housing Multifamily for sale in MACOMB, IL.

📍 605 W ORCHARD ST, MACOMB, IL
🏷  Student Housing Multifamily · For Sale
💰 $450K
📈 10.03% cap

10-unit multifamily close to WIU campus!

<p>•Outstanding location in close proximity to WIU campus!</p><p>•Solid rental history!</p><p>•Buildings have been well maintained!</p>

Full financials, photos, and broker contact:
https://commrty.com/property/illinois/macomb/605-w-orchard-st-macomb-il-61455-2555591-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=605-w-orchard-st-macomb-il-61455-2555591

#MACOMB #Multifamily #CommercialRealEstate #CRE #Investment

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Home/IL/MACOMB

605 W ORCHARD ST

MACOMB, IL 61455

Asking Price

$450K

Cap Rate

10.03%

Asset Type

Student Housing Multifamily

Class

Class B

What's Special

10-unit multifamily close to WIU campus! •Outstanding location in close proximity to WIU campus!•Solid rental history!•Buildings have been well maintained!

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

17.78%

DSCR

2.99

Strong

Cash-on-Cash

39.47%

Monthly Payment

$2,226.354

Annual Cash Flow

$53,283.746

Location & Travel Times

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📍

$450K

Class B | Apartment Building

605 Orchard Street, Macomb, IL 61455

Listed by Owner · For Sale